Overall we continue to see many challenges associated with the markets for Malaysian palm oil but we remain confident that Malaysian palm oil will continue to remain competitive, vibrant and a much sought after commodity in the coming years.
The best solution for protecting our wildlife and rainforests is to support stronger standards, and beef up enforcement of already existing laws and legislation. One way this can be done is by supporting the global use of certified sustainable palm oil, which is produced in compliance with stringent laws protecting wildlife, the environment and small family farmers.
The Resolution disregards the needs and well-being of dependent communities in the producer countries. By adopting it – with an overwhelming majority – MPs have decided they must show their hands in the heart of palm producer nations. With their vote, they have driven out truth and objective facts and instead rubber stamped an action that promises to revert small oil palm farmers to abject poverty while denying them Europe as a marketplace.
Both parties took undue liberty by extrapolating the findings to raise an alert that palmitic acid is a main component of animal and vegetable fats and present in high levels in palm oil which is used in many household products. Incidentally, palmitic acid is the major fatty acid that our body makes to sustain life.
We are fully supportive of responsible media and news reports that seek to inform and educate the public at large. In the current context, the information provided by the media has been inaccurate and misleading. The many nutritional benefits of palm oil are well documented but sometimes not so well known. We would be happy to provide such scientifically robust information for your use.