KUALA LUMPUR: Exports of Malaysian palm oil to India expected to increase following the reduction of import duties in the top buyer, says Primary Industries Minister Teresa Kok.
* “I also hope that through the good gesture of the Indian government on our palm oil, the trade relations between Malaysia and India will be further enhanced,”: Kok
* Palm oil demand will also rise during Lunar New Year festive season when more oils are consumed by many countries including China, Japan
* Kok met with Norway ambassador, who will convey to parliament and govt officials there on Malaysia’s protest to its resolution to phase out palm-biofuels
** Note: Norway’s Palm-Biofuel Ban Will Hurt Malaysia-EU Trade Talks: Kok
** We are hoping that Norway reverses the decision: Kok
** Norway lawmakers need to understand that at least 40% of Malaysia, Indonesia palm oil industry is made up of smallholders: Kok
* Malaysia ready to team up with Indonesia to report Norway’s action to WTO: Kok - Bloomberg
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