Palm oil production in Indonesia Current Affairs, GK & News

Council of Palm Oil Producing Countries

The top palm oil producers for the first time are looking for opportunities to run an advocacy campaign in Europe. The largest oil producers of the world Indonesia and Malaysia have sent proposals to hire an advocacy firm to run campaign in Europe through the Council of Palm Oil Producing Countries. What is the issue? ..




India cuts import tax on crude palm oil sourced from ASEAN nations from 44% to 40%

India has slashed import taxes on crude and refined palm oil sourced from Southeast Asian (ASEAN) countries after a request from suppliers. According to the official notification, the duty on crude palm oil was lowered to 40% from 44%, while the tax on refined palm oil was cut to 45% from 54% if imported from ..