MENAFN) French Prime Minister Jean-Marc Ayrault stated that rules on declaring product ingredients will not "discriminate" against palm oil, Times of Oman reported.
At a joint press conference with Ayrault and his Malaysian counterpart, Najib Razak, the French Prime Minister said: "I know how important it is to Malaysia given the number of people who rely on palm oil production for a living, in particular small producers."
Ayrault stated that France does approve of tax increase on palm oil, but said that under European regulations, ingredients used in making the oil would have to be declared. "But palm oil will not be treated any differently from other vegetable oils. There will therefore be no discrimination against it," he added.
Malaysia is the second largest producer of palm oil.
Palm oil production is seen as harmful to the environment because large patches of forests are destroyed to make room to grow the trees needed for the production of the oil.
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