No halt on Malaysia, Indonesia EU trade talks over palm oil -Malaysian minister

Neither Indonesia nor Malaysia have halted talks on their respective free trade agreements (FTA) with the European Union over a dispute about a deforestation law and its impact on small palm oil producers, Malaysia's commodities minister said on Thursday.


Reuters | Updated: 01-06-2023 16:09 IST | Created: 01-06-2023 15:57 IST
No halt on Malaysia, Indonesia EU trade talks over palm oil -Malaysian minister
Fadillah Yusof Image Credit: Wikimedia Commons
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Neither Indonesia nor Malaysia have halted talks on their respective free trade agreements (FTA) with the European Union over a dispute about a deforestation law and its impact on small palm oil producers, Malaysia's commodities minister said on Thursday. Malaysia's negotiations on a possible EU FTA, which have been on hold since 2012, could be resumed if the EU would treat Malaysia with fairness and as a partner, Fadillah Yusof told reporters in Brussels, adding Indonesia had been negotiating for seven years with the EU and was "very patient" about waiting longer.

Fadillah was responding to a news report which said the talks were being frozen over the palm oil issue. Indonesia's economic ministry and trade ministry did not immediately respond to Reuters' requests for comment.

 

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