RM5.7 billion of palm oil in the crossfire in Malaysia-India spat
About 2 million tonnes of Malaysian palm oil products worth RM5.7 billion may need new buyers in the wake of import restrictions by India.
A brewing diplomatic spat between India and Malaysia has got an unusual victim in the crossfire: palm oil.
New Delhi abruptly restricted imports of refined palm oils this month, apparently irked by Dr Mahathir Mohamad’s comments on steps taken by the administration of Indian Prime Minister Narendra Modi that affect Muslims in India.……
Malaysia SE Asia India News
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