# Commission tells Malaysia proposed biofuel policy respects WTO rules DevelopmentAid

> The European Commission told Malaysia that its proposed Renewable Energy Directive recast complies with WTO rules, responding to Malaysian threats to take the matter to the WTO. The proposal would roughly halve the share of food-based biodiesel by 2030 and cap crop-based biofuels at 3.8%.

- Date: 2018-01-12 · published 2018-01-12T12:00:00.000Z
- Category: policy · region EU · magnitude medium
- Page: https://feedsoft.ai/events/67021-commission-tells-malaysia-proposed-biofuel-policy-respects-wto-rules
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A Commission proposal to sharply cut food-based biodiesel reduces long-term demand for palm and other vegetable oils. The trade dispute adds uncertainty for Malaysian palm oil exports to the EU.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2019-05-14 | [EU’s palm-based biofuel ban: Does it breach WTO free trade rules? \| Malaysiakini](https://feedsoft.ai/events/59117-eu-s-palm-based-biofuel-ban-does-it-breach-wto-free-trade-rules-malaysiakini.md) | +2.9% | +0.6% |
| PALMOIL | 2018-02-22 | [EU urged to do more to protect forests DevelopmentAid](https://feedsoft.ai/events/66513-eu-urged-to-do-more-to-protect-forests-developmentaid.md) | +0.4% | -2.3% |
| PALMOIL | 2020-03-19 | [Biofuels policies to massively increase deforestation by 2030 –… \| T&E](https://feedsoft.ai/events/54146-biofuels-policies-to-massively-increase-deforestation-by-2030-t-and-e.md) | +1.3% | -3.9% |
| PALMOIL | 2017-08-07 | [2017 biodiesel production forecast for Malaysia revised down - Biofuels International Magazine](https://feedsoft.ai/events/69315-2017-biodiesel-production-forecast-for-malaysia-revised-down-biofuels.md) | +1.6% | +4.0% |
| PALMOIL | 2017-07-19 | [Malaysia to export excess biodiesel products - The Malaysian Reserve](https://feedsoft.ai/events/69838-malaysia-to-export-excess-biodiesel-products-the-malaysian-reserve.md) | +1.4% | +4.0% |

## Sources

- developmentaid.org: https://www.developmentaid.org/news-stream/post/14925/commission-tells-malaysia-proposed-biofuel-policy-respects-wto-rules

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.