The European Union’s new rulings to curb food and wood products that are linked to deforestation will have limited impact on Malaysian shipments of palm oil and timber into the bloc, according to a government official in the Asian country.
While the new ruling will most likely affect exports to the EU as there will be more requirements to fulfill, it only applies to new planted areas, according to Plantation Industries and Commodities Minister Zuraida Kamaruddin.
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November 21, 2021 at 03:51PM
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Malaysia Sees Little Impact From EU's Deforestation Curbs - Bloomberg
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