Dispelling myths about palm oil

ToL Exclusive

Atul Chaturvedi, Director of the Asian Palm Oil Association, said that there is a common misconception about palm oil, but within the APOA (Asia Pacific Palm Oil Association), there is a clear understanding of
its benefits and problems. “APOA is working hard to dispel myths about palm oil. The conference in Sri Lanka was held in a unique location and brought together a group of scientists and industry experts. The participation of a large number of delegates reveals how important edible oils are. Both India and Sri Lanka have the same per capita consumption of edible oil and this is expected to increase with the increase in taxes. As Sri
Lanka's economy grows, dependence on imports will continue if the ban on palm oil cultivation continues.”
India imports 16 million tonnes of edible oil annually, which is worth $18 to $19 billion. India needs to be careful about its mistakes, as Sri Lanka's dependence on imports will continue to increase. Mr. Chaturvedi said that both countries need to address the issue of food security.

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