PM: No winner if trade war erupts between M’sia and India - News Summed Up

PM: No winner if trade war erupts between M’sia and India


KUALA LUMPUR: Tun Dr Mahathir Mohamad said his remark Kashmir has been “invaded and occupied” should not be escalated and made a cause for trade war between Malaysia and India. The prime minister was quoted by Bernama as saying that Malaysia and India must avoid making the issue a cause for a trade war which would only spell losses for both countries. He said the government had no plan to give an immediate response to the news report claiming that India planned to ban palm oil imports from Malaysia. It’s not just one-way trade, it’s two-way trade,” the prime minister was quoted by Bernama as saying. India is the largest importer of Malaysia’s palm oil, followed by China and Pakistan.


Source: The Edge Markets October 14, 2019 00:56 UTC



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