palmoil
In the third part of this series, we look at NGO petitions to U.S. Customs and Border Protection (CBP) on palm oil as a means of blocking palm oil shipments. Q2 2022 hedge fund letters, conferences and more Under U.S. law it is possible for any person or group to launch a petition against any company for violations of Section 307 of the US Tariff Act. The petitions made by both of these groups relied heavily upon NGO reports for their source material, particularly the G&E petition. Notably, unlike Liberty Shared, which receives substantial funding from the U.S. government, G&E have never revea...
ValueWalk
The UK’s proposed Due Diligence Regulation has re-kindled the idea of a VPA-FLEGT arrangement for Indonesian palm oil.Q3 2020 hedge fund letters, conferences and moreA VPA-FLEGT Arrangement For Indonesian Palm OilIs such an arrangement possible?As we’ve discussed previously, the VPA (Voluntary Partnership Agreement) between Indonesia and the European Union was an arrangement that verified the legality of timber products leaving Indonesia and being sold in the EU. The bilateral development of an Indonesian standard – SVLK – gave Indonesian timber and paper exporters a ‘green light’ past the EU’...
ValueWalk
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