Fri, 26 Apr 2024

HEADLINES :


Ec’s decision to impact 112,635 Felda smallholders
Published on: Saturday, March 16, 2019
By: Bernama
Text Size:

Ec’s decision  to impact  112,635 Felda  smallholders
Kuala Lumpur: The European Commission’s (EC) biased decision that palm oil is not a green fuel will impact 112,635 Federal Land Development Authority (Felda) smallholders, whose livelihoods are already affected by the low crude palm oil (CPO) prices.

Felda said the decision was purely politically driven and was a form of unfair, unjust and discriminatory protectionism.

“We strongly condemn the EC’s decision on March 13, which classified palm oil as not a green fuel and should not be promoted as it causes deforestation,” it said in a statement on Friday.

Felda said the ban on palm oil would further aggravate the situation faced by smallholders due to low CPO prices and trap the smallholders in the poverty cycle as they relied on income from the commodity to secure a better life for their families.

Together with Felcra Bhd, the Rubber Industry Smallholders Development Authority and the National Association of Smallholders Malaysia, Felda issued a joint declaration requesting the government to be sterner in its approach, including using political and economic avenues to retaliate against the EU’s palm oil ban.

“Again, we stress our stand that it is imperative that this form of protectionism is equally opposed by means of economic sanctions if the EU does not withdraw its decision, in order to safeguard the interests of 650,000 smallholders and five million dependants,” it added. – Bernama

 





ADVERTISEMENT






Top Stories Today

Business Top Stories


Follow Us  



Follow us on             

Daily Express TV  







close
Try 1 month for RM 18.00
Already a subscriber? Login here
open

Try 1 month for RM 18.00

Already a subscriber? Login here