Malaysia, Indonesia May Take Palm Oil Worries To WTO

Law360, New York (May 24, 2010, 5:47 PM EDT) -- Indonesia and Malaysia are reportedly considering going to the World Trade Organization with their concerns about how a new European Union biofuels trade policy might affect their palm oil exports.

Malaysian Plantation Industries and Commodities Minister Tan Sri Bernard Dompok and his Indonesian counterpart are expected to meet later in May to discuss a possible WTO complaint against some EU countries over the palm oil issue, the Malaysian Business Times reported Monday.

Malaysia and Indonesia are the world's largest producers of palm oil, which has faced...
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