PUTRAJAYA: Malaysia hopes to expand its share of the palm oil market in Pakistan now that the latter government has agreed to increase its imports, says Primary Industries Minister Teresa Kok (pic). “We are happy to hear Pakistan Prime Minister Imran Khan saying they will buy more palm oil from Malaysia. "We noticed that India threatened Malaysia for supporting the Kashmir cause and threatened to cut palm oil imports. India's directorate general of foreign trade has announced restrictions on the import of refined palm oil and palm olein, where importers would now be required to apply for licences. Pakistan imported 1.16 million metric tonnes of palm oil, worth RM2.97bil from Malaysia in 2018.

Source: The Star February 07, 2020 04:18 UTC