# Malaysia urges France to reject EU resolution that discriminates palm oil

> Malaysia's Plantation Industries Minister urged France to reject an EU resolution on palm oil and deforestation and to accept Malaysia's MSPO certification scheme. He said the resolution and French environment minister support for it could act as a non-tariff barrier to Malaysian palm oil exports to the EU. Norway's proposal to exclude palm biodiesel from EU renewable energy rules was also raised.

- Date: 2017-10-23 · published 2017-10-23T12:00:00.000Z
- Category: trade · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/68519-malaysia-urges-france-to-reject-eu-resolution-that-discriminates-palm-oil
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Potential non-tariff barriers on Malaysian palm oil exports to the EU could redirect volumes to other markets and weigh on Malaysian palm prices if the restrictions take effect.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2021-05-28 | [Malaysia to escalate EU palm oil dispute at WTO \| Malay Mail](https://feedsoft.ai/events/46981-malaysia-to-escalate-eu-palm-oil-dispute-at-wto-malay-mail.md) | -1.7% | -12.4% |
| PALMOIL | 2019-04-06 | [Indonesian Palm Oil Association Says EU Discriminatory](https://feedsoft.ai/events/59613-indonesian-palm-oil-association-says-eu-discriminatory.md) | -2.6% | -11.6% |
| PALMOIL | 2019-01-31 | [Indonesia to challenge 'discriminative' EU directive on palm oil \| GMA News Online](https://feedsoft.ai/events/61119-indonesia-to-challenge-discriminative-eu-directive-on-palm-oil-gma-news-online.md) | +4.6% | +2.3% |
| PALMOIL | 2019-02-03 | [New policies needed to regulate palm oil production and price \| Malaysiakini](https://feedsoft.ai/events/6971-new-policies-needed-to-regulate-palm-oil-production-and-price-malaysiakini.md) | 0.0% | -6.2% |
| PALMOIL | 2017-09-28 | [Palm oil faces rising protectionism and national pressures - The Malaysian Reserve](https://feedsoft.ai/events/5642-palm-oil-faces-rising-protectionism-and-national-pressures-the-malaysian-reserve.md) | -2.9% | -1.7% |

## Sources

- nst.com.my: https://www.nst.com.my/business/2017/10/294245/malaysia-urges-france-reject-eu-resolution-discriminates-palm-oil

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