Malaysia-UK collaboration will advance palm oil industry

Published 2023년 6월 28일

Tridge summary

The Malaysian Palm Oil Council (MPOC) believes that collaboration between UK research institutions and Malaysian producers will enhance sustainability and advancements in the palm oil industry. The MPOC suggests that this partnership could improve sustainability practices, address traceability challenges, and establish more environmentally friendly palm oil production methods. These collaborations also support Malaysia's goal of integrating regional and global value chains and reducing trade barriers.

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Original content

The Malaysian Palm Oil Council (MPOC) is confident that collaboration between United Kingdom (UK) research institutions and Malaysian producers will bolster sustainability and drive industry advancements in the palm oil industry. The move comes as the UK prepares to join the Comprehensive and Progressive Agreement for Transpacific Partnership (CPTPP) that will be finalised at the upcoming CPTPP Ministerial Meeting in Auckland, New Zealand, next month, presenting new trade opportunities and fostering closer ties between the two nations. The MPOC said in its recent Market Highlights report that in recognising Malaysia’s position as a major global player in sustainable palm oil, UK research institutions should explore enhancing the industry’s sustainability practices and industry advancements. “Examples of such cooperation are yield improvement, by-product generation, and other critical aspects. “By pooling expertise and resources, such collaborations aim to further strengthen ...

Source: UkrAgroConsult