Malaysia files WTO complaint over EU palm oil restrictions

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Malaysia charges that the EU had imposed restrictive measures on the use of palm oil that violate international trade agreements. — Reuters picKUALA LUMPUR, Jan 20 — Malaysia has filed a complaint with the World Trade Organization over European Union rules affecting the consumption of palm oil-based biofuels, according to a document published Tuesday.In the complaint, dated January 15, Malaysia charges that the EU, and in particular its member states France and Lithuania, had imposed restrictive measures on the use of palm oil that violate international trade agreements. –– ADVERTISEMENT –– Malaysia, the world’s second largest producer of palm oil, balked at EU efforts to phase out the use of palm oil as a biofuel, and has requested consultations to help resolve the dispute.The EU has embarked on an major plan committing member states to build a carbon neutral economy by 2050, i…