28/10/2011 (Borneo Post) - Prime Minister Datuk Seri Najib Tun Razak said today that the rejection of the proposal for compulsory palm oil labelling by the Australian government, is very much welcomed, especially for Malaysia’s oil palm industry.“The Australian government is not supporting the proposal for compulsory palm oil labelling,” he told the Malaysian media on the sidelines of the Commonwealth Heads of Government Meeting (CHOGM) here today.

“This is a very happy decision for the oil palm industry,” said Najib, who arrived late last night to attend the three-day meeting.

It was reported earlier that the Australian government would oppose the anti-trade bill which has the support of the Liberal-National Party coalition for the compulsory palm-oil labelling, as it went against the country’s obligation to the World Trade Organisation (WTO).

Themed, “Building National Resilience, Building Global Resilience”, CHOGM 2011 will be officially declared open by Queen Elizabeth II on Friday. – Bernama