He also said oil palm smallholders will benefit from the increase in crude palm oil prices after the Indian government reduced the import duty for Malaysia. “This is expected to increase the total export of palm oil to India as well as increase the price of crude palm oil in our country. Hishammuddin said Wisma Putra would take advantage of better relations with India to increase palm oil export levels. Hishammuddin also said he had urged the European Union Representative to cease its discriminatory stand against the country’s palm oil and to recognise the Malaysian Sustainable Palm Oil Certificate. Efforts to assist relevant ministries would continue in order to strengthen Malaysia’s palm oil industry, he added.

Source: The Star November 28, 2020 23:03 UTC