India tells palm oil traders to stop buying from Malaysia
India is the biggest buyer of Malaysian palm oil, importing nearly 4 million tonnes of it last year as of September, more than double the volume sold to the next biggest buyer, China, at 1.6 million tonnes. – The Malaysian Insight file pic, January 7, 2020.
THE Indian government has asked the country’s palm oil sector to stop buying the commodity from Malaysia, following months of strained ties between the two countries over Prime Minister Dr Mahathir Mohamad’s criticism of the India’s internal affairs.India has “unofficially” told its palm oil refiners and traders to refrain from buying Malaysia, which has been a critic of its actions in Kashmir and more recently, its new citizenship law giving precedence to non-Muslims.
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