INDIA MALAYSIA PALM OIL BUSINESS
India has been Malaysia’s top import market since 2014.
Last year, India bought 4.4 million tonnes of palm oil from Malaysia, accounting for 24% of all Malaysian palm oil exports.
The second biggest buyer of Malaysian palm oil, China, bought just 2.4 million tonnes last year, while the third largest buyer was Pakistan with 1.08 million tonnes, according to data from the Malaysian Palm Oil Council.
MAL AYSIAN PM’S REPEATED
STATEMENTS ON INDIA’S
First Malaysian Prime Minister commented on the Kashmir issue on multiple forums. Then he went on to
criticise India’s citizenship amendment law
PAKISTAN STEPS IN
Malaysian Prime Minister Mahathir Mohamad said he discussed palm oil with Khan – in Malaysia on a state visit
– and that Pakistan had indicated it would import more from Malaysia.
“That’s right, especially since we noticed India threatened Malaysia for supporting the Kashmir cause, threatened to cut palm oil imports,” Khan told a joint news conference
“Pakistan will do its best to compensate forthat.”
Pakistan bought 1.1 million tonnes of palm oil from Malaysia last year, while India bought 4.4 million tonnes, according to the Malaysian Palm Oil Council.
WHAT IMRAN KHAN SAID
Imran Khan said he was sad he could not attend a summit of Muslim leaders in Malaysia in December.
The summit was outside the ambit of the Saudi- based Organisation of Islamic Cooperation, and Saudi Arabia – a close ally of Pakistan – had said the gathering was “dividing” to the Islamic world.
Khan also said Malaysia and Pakistan were working on a joint media project to broadcast a positive image of Islam, fight Islamophobia and develop content for young Muslims.
Turkey will join the initiative too