Trade and markets
 

Detail

Area
Malaysia
Commodity Group
Oilseeds, oils and meals
Commodity
Palm oil
Date
01/05/2017
Policy Category
Trade
Policy Instrument
Export promotion
Description
Signed a Memorandum of Understanding with Indian government officials, aimed at helping raise the presence of Malaysian palm oil in the Indian market.
Notes
The Governments of Malaysia and India signed a Memorandum of Understanding aimed at helping raise the presence of Malaysian palm oil in the Indian market. The MoU provides a platform for Malaysian palm oil related agencies to explore – together with Indian research institutions and other organizations – new traits and applications of palm oil, specifically tailored to India’s fast growing market. The use of MSPO-certified palm oil (Malaysian Sustainable Palm Oil) will also be promoted under the accord.