|| Shree Mumba Devi Prasanna ||


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26 Sep 2021
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Knowledge


SEAI signs MoU with Malaysia Palm Oil Board for producing palm oil in sustainable way

SEAI signs MoU with Malaysia Palm Oil Board for producing palm oil in sustainable way

On the sidelines of Globoil conference held in Mumbai recently, The Solvent Extractors’ Association (SEA) of India signed a memorandum of understanding (MoU) with the Malaysian Palm Oil Board (MPOB) and Global Sustainability support organisation-Solidaridad Network Asia Limited

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MUMBAI, 27 September 2019: On the sidelines of Globoil conference held in Mumbai recently, The Solvent Extractors’ Association (SEA) of India signed a memorandum of understanding (MoU) with the Malaysian Palm Oil Board (MPOB) and Global Sustainability support organisation-Solidaridad Network Asia Limited (SNAL).

Under the MoU, both the parties will jointly promote Malaysian Sustainable Palm Oil (MSPO) and Indian Palm Oil Sustainability Framework (IPOS) through harmonization between the two national standards. It would lead to the joint promotion of IPOS aligned MSPO certified palm oil to Indian markets and support smallholder palm oil producers in Malaysia to produce sustainably.

The MoU was signed by Atul Chaturvedi, President of SEAI; Dr Ahmad Parveez Hj GhulamKadir, Director General of MPOB and Dr Shatadru Chattopadhayay, Managing Director, SNAL in the presence of Teresa Kok, Malaysian Minister of Primary Industries.

Speaking on this, Atul Chaturvedi, said "Time has come to prepare countries for having their own national standard, rather looking elsewhere, like Malaysia is having Malaysian Sustainable Palm Oil (MSPO), Indonesia is having Indonesian Sustainable Palm Oil (ISPO) and India too have Indian Palm Oil Sustainability (IPOS)."

"The synergies between IPOS and MSPO would jointly safeguard the competitiveness of the palm oil industry, readiness for facing future consumer demands in sustainable manner and fulfill the national commitments towards sustainable production and trade of palm oil. This would lead the way for long term sustainability of palm oil sector in the region by reducing barriers and facilitating enhanced production and trade of sustainable palm oil," Chaturvedi added.

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.“Through this tripartite MoU between MPOB, SEA and SNAL, the Parties agreed to broadly promote MSPO and IPOS through harmonization between the two national standards to ensure ease of passage of Malaysian Palm Oil into India,” Dr Ahmad Parveez Hj Ghulam Kadir, Director General, Malaysian Palm Oil Board (MPOB) said.

Dr Shatadru Chattopadhayay, Managing Director of Solidaridad Asia, said: "National initiatives like MSPO and IPOS led by the government and local stakeholders are the critical tools for broad-based inclusive sector transformation in the palm oil. Asian stakeholders have decided to define for themselves what is sustainable for their producers and consumers."

It is expected that the cooperation between SEA – MPOB – Solidaridad, will accelerate the process towards the continued growth of the palm oil industry and thereby transforming sustainable palm oil sector. Overall, this collaboration will be a long-lasting one and a winwin for both Malaysia and India, Dr Chattopadhayay underlined.

In the MoU, Solidaridad's role would be to convene the dialogue process between India and Malaysia and scale up its support to the smallholder palm oil farmers in Malaysia. Solidaridad has been partnering with MPOB to support more than 70,000 palm oil smallholders to produce better and prepare them for MSPO certification. It has developed digital support tools which will offer new perspectives for continual improvement at farm level, and smart use of big data will boost innovation in markets, SEAI said in a statement.

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