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Six weeks into the marketing year, EU imports of palm oil were down by around a third compared to last season.
The US and China tussled over the adoption of an Appellate Body decision on US non-compliance with a dispute panel ruling about various countervailing duty investigations while requests for dispute panels were granted to probe India's sugar subsides during an August 15 meeting of the World Trade Organization's (WTO) Dispute Settlement Body (DSB).
The European Commission has introduced provisional countervailing duties on Indonesian companies that export biodiesel to the European Union, claiming that the industry receives illegal subsidies from the government.
Indonesia’s moratorium on new forest clearance - first introduced in 2011 and repeatedly extended - has been made permanent.
Improvements in crop and livestock management practises, dietary changes and reduction in food waste hold great potential to reduce climate change, as well as contribute to other sustainable development and societal goals, according to a new report.
Indonesian palm oil producers have called for higher import tariffs on EU dairy products in retaliation for the bloc’s palm oil policies. The country’s government considers applying such duties.
The Mercosur group of Latin American countries has officially started negotiations with the United States on a trade agreement, according to Brazil’s economy ministry.
The European Commission is planning to re-introduce anti-dumping duties on imports of biodiesel from Indonesia, which is already preparing to challenge the measure.
The EU must accept and officially recognise palm oil produced under the Malaysian Sustainable Palm Oil (MSPO) certification schemes as having a ‘low’ risk of indirect land use change (ILUC) under the Renewable Energy Directive (RED II) or it will face a WTO dispute panel over the issue.
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