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Malaysia’s palm oil and food stands to reap potential benefits from Brexit


“It is no secret that certain countries in the EU are less receptive to imports of palm oil for protectionist reasons.  “Malaysia can now relook at how they deal with the issue as regulations and attitudes can change post the UK’s departure,” Nordin Abdullah said.

“It is no secret that certain countries in the EU are less receptive to imports of palm oil for protectionist reasons. “Malaysia can now relook at how they deal with the issue as regulations and attitudes can change post the UK’s departure,” Nordin Abdullah said.

KUALA LUMPUR: Malaysia’s food exports, especially palm oil, stands to reap trade opportunities through the changes created by the UK’s departure (Brexit) from the European Union (EU).

Glenreagh Sdn Bhd managing director Nordin Abdullah said there would be increased opportunities for Malaysian companies with the capacity to operate in highly regulated and competitive environments.

   

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