Social and environmental impact of palm oil Current Affairs, GK & News

Asian Palm Oil Alliance (APOA)

Asian Palm Oil Alliance (APOA) was formed at the Globoil Summit organized in Agra on September 21. Key facts The APOA brings together the apex edible oil industry associations from India, Pakistan, Sri Lanka, Bangladesh and Nepal, which are the major importers of palm oil. Atul Chaturvedi, Director of Adani Wilmar Ltd and President of ..

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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 ..

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