PUTRAJAYA – Colombia is officially approved to be the third member of the Council of Palm Oil Producing Countries (CPOPC) to join Indonesia and Malaysia. The approval come out during the 5th Ministerial Meeting of CPOPC held on 8 November 2018 in Putrajaya, Malaysia, in response to the Colombia’s Foreign Minister Letter July 2018 on Colombia’s accession to the CPOPC.
‘’As an organization, CPOPC undoubtedly grows in strength with the membership of Colombia and looks forward with enthusiasm towards building strategic partnerships based on mutual interests,’’ told Mahendra Siregar, Executive Director of CPOPC.
Being the largest palm oil producer in the American continent, the accession of Colombia as a member provides a strategic alliance among palm oil producing countries in promoting the interests of palm oil in the global economy.
“The involvement of palm oil producers in CPOPC is crucial in strengthening Malaysia and Indonesia’s efforts to counter EU’s (European Union) negative campaign against palm oil,” told Ms. Teresa Kok, Minister of Primary Industries, Malaysia, during the press conference after attending the 5th Ministerial Meeting of the CPOPC in Putrajaya, Malaysia.
Palm oil sector in Colombia has been progressing considerably in recent years following the peace process. The promotion of sustainability criteria is critical to Colombia owned sustainable development agenda as much as to the international market. As the world’s fourth largest palm oil producer, Colombia’s collaboration with the existing members of CPOPC truly representing the interests of the world’s palm oil producers, especially the smallholders.
CPOPC Palm Oil Supply and Demand Outlook Conference (POSDOC) 2019 and Indonesia Malaysia CEO Forum (IMCEOF)
CPOPC Palm Oil Supply and Demand Outlook Conference (POSDOC) 2019 and Indonesia Malaysia CEO Forum (IMCEOF) JAKARTA -- Council of Palm Oil Producing Countries (CPOPC) is organizing the first Palm Oil Supply and Demand Outlook...
TRADE POLICY ISSUES. Palm oil is undoubtedly one of the commodities that has been developed to improve the economic and social fabric of palm producing nations. The comparative advantage that palm oil has over rapeseed, amongst others, that is largely produced in Europe, has created unprecedented challenges to the industries in developed nations.