Malaysia and Indonesia will retaliate against countries including the European Union (EU) which boycott palm oil, said Prime Minister Najib Razak.
Najib said he had discussed with Indonesian President Joko Widodo during the Asean Summit in Manila recently, that Malaysia and Indonesia, through the Council of Palm Oil Producing Countries (CPOPC), would convince those countries that the negative claims against palm oil are totally baseless.
“We must tell them (countries that are boycotting palm oil), that Malaysia and Indonesia are not countries that do not have capabilities, we also buy many products from them.
“… and whoever is boycotting palm oil is likely to face retaliation from Malaysia and Indonesia,” he stressed in his speech when launching the 100 year celebration of the National Oil Industry at the Tennamaram Plantation in Bestari Jaya, Kuala Selangor, today.
Also present were the Minister of Plantation Industries and Commodities Mah Siew Keong, Urban Wellbeing, Housing and Local Government Minister Noh Omar, Sime Darby Bhd chairman, Abdul Ghani Othman and Felda chairman Shahrir Abdul Samad. – Bernama