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Plantation and commodities minister Johari Ghani said approximately 450,000 smallholders are the backbone of the sector and must not be excluded from sustainability initiatives.KUALA LUMPUR: Malaysia remains optimistic and is ready to adjust its palm oil export strategy in response to the new tariff measures imposed by the US, plantation and commodities minister Johari Ghani said today.
Johari added that Malaysia’s exports to the US were projected to reach RM21 billion this year, with palm oil products contributing RM4.9 billion.He said rubber exports, including gloves, accounted for RM8.2 billion, furniture RM6.5 billion, and cocoa-based products such as cocoa butter RM1.6 billion.“We must remember that the US is not Malaysia’s only market, and we cannot rely solely on one destination. Any excess export capacity can be redirected to other markets.
Johari-Ghani Mspo Nestle Palm-Oil Tariff Us
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