US ban on FGV products has little impact on industry, says minister

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Khairuddin Aman Razali says the country's import of palm oil is negligible. FMTNews FGV

US Customs and Border Protection has blocked the import of palm oil products from FGV over forced labour concerns.

He told the Dewan Rakyat that FGV only exported about 40 tonnes of palm oil valued at about RM120,000 to the US a year, and “if we see the numbers and the overall export of three million tonnes by FGV, the US imports in 2019 are only valued at 0.0013%”. Jalaluddin Alias had asked the extent of the US government’s ban against FGV on Malaysia’s palm oil product imports for 2020.

Following that, shipments from FGV and its subsidiaries were detained at all ports of entry in the US from Oct 7.FGV said all the issues cited in CBP’s decision for the ban had been the subject of public discourse since 2015.

 

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