Kuala Lumpur — Nine world’s major palm oil producing countries convened to deliberate a number of crucial issues in palm oil industry.
Jakarta — Nine world’s major palm oil producing countries convened on 18 November 2019 in Kuala Lumpur, Malaysia, to deliberate a number of crucial issues in palm oil industry and strengthen collaboration at the 2nd Ministerial Meeting of Palm Oil Producing Countries (MMPOPC). The Meeting was attended by Ministers and other high-level representative from Malaysia, Indonesia, Colombia, Thailand, Nigeria, Papua New Guinea, Ghana, Honduras and Brazil.
‘’This meeting serves as the platform to increase networking between palm producing countries to identify common interests, problems and opportunities,’’ Hon.Minister Teresa Kok.
The Meeting recommended some follow-up actions, among others, to encourage palm oil producing countries to increase collaboration in developing strategies to get palm oil price to remunerative level, particularly for smallholders. The Meeting also concluded to continue to promote and expand biofuel consumption to absorb more CPO in the global market. Another key recommendation includes to call for unity among palm oil producing countries in fighting the discriminative measures against palm oil through aggressive joint counter-campaign.
The meeting was chaired jointly by Minister Primary Industries of Malaysia, the Honorable Madam Teresa Kok, and Coordinating Minister for Economic Affairs of Republic of Indonesia, His Execellency Airlangga Hartarto. ‘’This meeting serves as the platform to increase networking between palm producing countries to identify common interests, problems and opportunities,’’ told Minister Teresa Kok, who officiated the meeting.
The meeting updated on the current situation analysis of the industry, presented by selected “friends of palm oil” experts who raised further essential issues such as market expansion, new demand, CPO price, countering the negative campaign, the importance of global partnership and future sustainable development of palm oil.
P The first speaker, Dr. James Fry of LMC International presented ‘Sustainable Factors for Global Supply, Demand and Price Sustenance of Palm Oil’. (download Dr Fry’s presentation). Dr Yusof Basiron, the Executive Director CPOPC, delivered ‘Global Partnership on Palm Oil Opportunities and Future Sustainable Developments of Palm Oil Producing Countries’. (download Dr Basiron’s presentation). Prof. Pietro Paganini of John Cabot University of Rome concluded the panel discussion with “Understanding, Dismantling and Addressing Negative Perception on Palm Oil’.
The meeting coincided with the MPOB International Palm Oil Congress and Exhibition (PIPOC 2019) from 19-21 November 2019. The programme during PIPOC 2019 provided the meeting delegates with added opportunities to build a network with other palm oil stakeholders, which include business players, government officials, educationists, researchers, civil society organisations, and smallholders that will be attending PIPOC 2019.