European leaders want to reduce deforestation by curbing the use of palm oil in the automotive sector. But the South East Asian nations say the restrictions are discriminatory.
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Indonesia has scrapped its export levy for all palm oil products until Aug. 31 in a fresh attempt to boost exports and ease high inventories, finance ministry officials said on Saturday, adding the move would not disrupt government revenues.
A brutal Indonesian forest fire season that left Southeast Asia choking in smog has renewed scrutiny of major palm oil and paper companies, with activists accusing them of breaking promises to halt logging.