Kuala Lumpur: Malaysia is still jittery after India cut back on its purchase of palm oil from that country. The country is expecting that India’s cut back will be temporary, which is an indication that Malaysia is feeling the pinch of India’s retaliation against Malaysian Prime Minister’s irresponsible statement against an Act passed by Indian Parliament.
The Malaysian Palm Oil Council cited Primary Industries Minister Teresa Kok, said, “Having long-standing bilateral ties, the two nations will overcome the current challenges, and prevail towards mutual and beneficial outcomes.”
Malaysian Prime Minister, Mahathir Mohamad, said in December that CAA would deprive Muslims of their citizenship. He had also been critical of India’s move to scrap Article 370 in Kashmir.
India had asked importers of refined palm oil to avoid purchases from Malaysia. This has affected the industry in that country leading the leadership to find an amicable solution to the issue.