Legal action against EU regarding palm oil: WTO approves panel - Khairuddin

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Malaysia's application to set up a panel to examine the steps taken by the European Union (EU) regarding palm oil has been approved by the World Trade Organisation (WTO).Plantation Industries and Commodities Minister Mohd Khairuddin Aman Razali said the application was approved by a Dispute Settlement Body (DSB) meeting under the WTO last Friday (May 28). This was the second after a first application was rejected by the EU on April 28.The panel is to examine the steps taken by the EU in implementing the Delegated Regulation under the EU Renewable Energy Directive 2018/2001 (EU RED II).Khairuddin said Malaysia, which remained committed to pursuing legal action against the EU in line with the cabinet’s decision on July 1, 2020, filed the case on Jan 15, 2021."As the world's second-largest producer of palm oil, Malaysia regrets the EU's treatment of palm oil comp…