Hishammuddin expresses gratitude to India, says reduced import duty will benefit oil palm smallholders

Datuk Seri Hishammuddin Hussein. -filepic

PETALING JAYA: The increase in crude palm oil prices, after the Indian government reduced the import duty for Malaysia, would benefit oil palm smallholders, says Datuk Seri Hishammuddin Hussein.

The Foreign Minister expressed gratitude to his Indian counterpart Dr Subrahmanyam Jaishankar for their recent decision to reduce the import duty for crude palm oil to 27.5% from 37.5%.