MPOB to fully fund au­dit­ing fees for small­hold­ers

New Straits Times - - Business -

PUTRAJAYA: The Malaysian Palm Oil Board (MPOB) will fully fund au­dit­ing fees for small­hold­ers so to be Malaysian Sus­tain­able Palm Oil (MSPO)-cer­ti­fied by next year.

“The gov­ern­ment will fully pay au­dit­ing fees for small­hold­ers so that all 650,000 of them will be cer­ti­fied by 2019,” said Plan­ta­tions In­dus­tries and Commodities Min­is­ter Datuk Mah Siew Keong.

“This is very im­por­tant be­cause the small­hold­ers con­trib­ute to about 40 per cent of our coun­try’s palm oil pro­duc­tion of al­most 20 mil­lion tonnes a year,” he said at a brief­ing, here, yes­ter­day.

The MSPO is a re­flec­tion of a uni­fied code of laws con­cern­ing best prac­tices through­out the sup­ply chain, from oil palm plant­ing to pro­cess­ing.

When one is MSPO-cer­ti­fied, it con­firms that oil palm cul­ti­va­tion is be­ing car­ried out by main­tain­ing a bal­ance be­tween the needs of the peo­ple and the planet.

Mah re­it­er­ated that get­ting all oil palm planters in Malaysia MSPO-cer­ti­fied is tough but nec­es­sary for the in­dus­try.

The gov­ern­ment-driven MSPO is key to the Am­s­ter­dam Dec­la­ra­tion that re­quires all palm oil shipped into Europe to be cer­ti­fied as sus­tain­ably pro­duced by 2020, he said.

Ul­ti­mately, the MSPO is to fa­cil­i­tate bet­ter palm oil mar­ket ac­cess through mul­ti­lat­eral or bi­lat­eral free trade pacts with buy­ers, added Mah. Ooi Tee Ching

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