• free trade agreement

    Free trade agreements, Malaysia, Indonesia and deforestation

    According to Financial Times “Indonesia and Malaysia have said they will delay trade talks with the EU while they seek fairer treatment for small palm oil producers hit by the bloc’s “punitive” new rules to prevent deforestation”. Indeed, Indonesia and Malaysia have suspended trade negotiations with the EU, citing the bloc’s “punitive” new regulations on deforestation. As declared by Dato’ Sri Haji Fadillah bin Haji Yusof  (Malaysia’Prime Minister) and Airlangga Hartarto (Indonesia Prime Minister) these countries are seeking fairer treatment for their small palm oil producers, who have been hit by the EU’s recent ban on importing products from land cleared of forests.