Malaysia says palm oil dispute with India is 'temporary'

Publish date: Tue, 04 Feb 2020, 09:34 AM

KUALA LUMPUR: Malaysia said on Tuesday that India's move to cut back on palm oil purchases is "temporary" and will be resolved amicably between the two nations.

Last month, India restricted imports of refined palm oil and asked importers to avoid purchases from Malaysia after its criticism of India's actions in Kashmir and a new citizenship law.

"Having long-standing bilateral ties, the two nations will overcome the current challenges, and prevail towards mutual and beneficial outcomes," the Malaysian Palm Oil Council said in a statement, citing Primary Industries Minister Teresa Kok.

Malaysia's push to implement B20 biodiesel starting this month will also help sustain high crude palm oil prices, the statement read. 


 - Reuters

Discussions
Be the first to like this. Showing 5 of 5 comments

DickyMe

"Malaysia's push to implement B20 biodiesel starting this month will also help sustain high crude palm oil prices, the statement read."

So, the rakyat is forced to "bail" palm industry through this backdoor directive.
How much more will these pirates squeeze "blood" from the ignorant citizens?

2020-02-04 09:59

matinza

refreshment for FGV

2020-02-04 11:02

Junichiro

It is foolish to lecture other countries when there are lots of shit here to be cleansed.

2020-02-04 11:52

bluebiznet

Yes. Everything will be resolved after big mouth old man step down.

2020-02-04 14:01

mustinvest

WOW

2020-02-05 13:29

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