UNBELIEVABLE! China and Malaysia Signing $4.2 billion Strategic Agreement | Destroy The European Ban

#china #chinanews #project #malaysia #european In 2021, the European Parliament passed legislation called the Regulation on Products Free from Deforestation. Since the official implementation of this new regulation, goods exported to Europe from many countries, including Malaysia, have been subject to strict restrictions. Although Malaysia has been negotiating deforestation regulations with the EU over the past few years, the results do not appear to have significantly improved. In the future, Europe’s proposed “regulations on deforestation-free products” may be expanded to other countries, including Japan and South Korea. However, when Malaysia is in trouble, China seems willing to provide support to help it get out of this predicament. At the ASEAN Expo in September this year, China and Malaysia signed an investment agreement worth up to US$4.2 billion and announced an expansion of imports of Malaysian goods. As far as I know, China and Malaysia signed an investment agreement worth US$4.2 billion to support the production and export of Malaysian palm oil and assist related industries in solving environmental problems. This not only creates new hope for Malaysia’s exports, but also destroys the sanctions imposed by EU environmental regulations. In today’s video, we explore the impact of the EU’s Deforestation-Free Products Regulation on the countries involved, and how China can assist Malaysia in getting out of the EU-related ban ---------------------------------------------------------------------