A proposed Global Framework of Principles for Sustainable Palm Oil or e+POP was declared for the sustenance of the palm oil industry during the 27th ASEAN Summit.

e+POP outlines nine principles which encapsulate the laws and regulations pertaining to sustainable development.

Plantation Industries and Commodities Minister Datuk Amar Douglas Uggah said e+POP has 9 principles based on laws and regulations of both countries and it will be benchmarked against other international standards.

e+POP is aimed to further reinforce the reputation of palm oil while promoting the positive attributes of palm oil.

Both Malaysian Plantation Industries and Commodities Minister Datuk Amar Douglas Unggah Embas and Indonesian Coordinating Minister for Maritime Affairs Dr. Rizal Ramli made the declaration on Saturday.

The declaration proceeded after both ministers signed the Charter of the Establishment of the Council of Palm Oil Producing Countries (CPOPC) which was witnessed by Prime Minister Datuk Seri Najib Razak and Indonesian President Joko Widodo.

The CPOPC is aimed at harnessing the benefits of the palm oil industry between member countries for economic development and the well-being of people.