NEW DELHI (Jan 16): India's Commerce Minister Piyush Goyal on Thursday said that New Delhi has not imposed any curbs on imports from Malaysia and Turkey.
"India believes in free play and equal treatment for all," Goyal said at a security conference in New Delhi, adding that the government also was not contemplating any restrictions on the two countries.
On Wednesday, Reuters reported that India is planning to cut some imports from Turkey and widen restrictions on Malaysia, targeting the two Muslim-majority countries for their criticism of New Delhi's policy towards Kashmir.
That is the problem, too many people putting out boolshhit fake news that they themselves fabricated out of their own arse, just to keep themselves 'busy'.
My personal opinion only: India will not be substituting import of palm oil from Malaysia as it will be more expensive importing from other country.The rumors was spread intentionally to generate cost savings of hundreds of millions. Malaysia is exporting almost 50% of India needs so malaysia's price is already cost competitive due to the large scale of production. The price dip in CPO will only be very temporary and price will climb back towards RM3000 very soon.
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Posted by tuapuikia > 2020-01-16 15:35 | Report Abuse
go go go