• malaysias palm oil production line to drop in Sri Lanka
  • malaysias palm oil production line to drop in Sri Lanka
  • malaysias palm oil production line to drop in Sri Lanka
  • malaysias palm oil production line to drop in Sri Lanka
  • Why did Sri Lanka ban palm oil?
  • In early April, Sri Lanka’s President Gotabaya Rajapaksa ordered all palm producers to remove the trees in a phased manner and replace them with rubber trees. Sri Lanka also banned palm oil import, affecting around 200,000 metric tons of palm oil mainly supplied by Malaysia.
  • Is Sri Lanka's ban a discrimination against Malaysia's palm oil?
  • The volume affected by the Sri Lankan ban is insignificant, considering Malaysia produces and trades in around 20 million tons of palm oil per year. Malaysia’s Minister of Plantation Industries and Commodities Datuk Dr Mohd Khairuddin Aman Razali said that Sri Lanka’s decision “is a discrimination against the country’s product.
  • What is the palm oil industry in Sri Lanka?
  • The palm oil industry in Sri Lanka has been an import substitution policy initiative aimed at reducing palm oil imports and boosting the economy.
  • Is deforestation relevant in oil palm cultivation in Sri Lanka?
  • These issues directly affect the surrounding communities and ecosystems. In Sri Lanka, RPCs were allowed to cultivate oil palms in marginal rubber lands. Therefore, deforestation is not relevant unless rubber is considered a forest tree. Environmental issues are common to any agricultural land use and are observed in oil palm cultivation.
  • Is Malaysia's palm oil ban inconsistent with WTO agreements?
  • The Malaysian petition pleaded that the palm oil ban is inconsistent with the WTO’s Agreement on Technical Barriers to Trade, the General Agreement on Tariffs and Trade 1994, and the Agreement on Subsidies and Countervailing Measures.
  • How can Sri Lanka bridge the oil & coconut industry gap?
  • Given the limited land availability for expanding commercial cultivations in Sri Lanka for coconut and oil palm, productivity improvements would support partially bridging the gap. This can be facilitated by lowering the import tariff on edible oils, easing the burden on consumers.