RSPO and CFNA sign MoU for strategic partnership
The Roundtable on Sustainable Palm Oil (RSPO) has revealed that it has signed a Memorandum of Understanding (MoU) for cooperation with one of its key partners in China, the China Chamber of Commerce of Foodstuffs and Native Produce (CFNA). Signed on March 26, the agreement sets a five-year framework of a strategic partnership between the two parties, to promote various programmes in the sustainable palm oil field.
China is the world’s third-largest palm oil consumer after India and Indonesia, and according to Statista, China consumed 4.75 million tonnes palm oil 2016/2017. Like India, China has no own palm oil production and is thus entirely dependant on palm oil imports.
Targetting 10 percent CSPO uptake
The Roundtable on Sustainable Palm Oil (RSPO) was recently invited by AAK China, a producer of quality vegetable oils, to the 2018 Food Ingredients event in Shanghai, to introduce RSPO membership and its supply chain certification system. More than 100 leading players from China’s food additives and ingredients industry attended the event March 23.
RSPO China’s representative, Yun Jiang, delivered a keynote speech to promote sustainable palm oil and industrial transformation, and to highlight RSPO’s goal of achieving 10 percent Certified Sustainable Palm Oil (CSPO) uptake in China, the world’s second-largest importer of palm oil, by 2020.