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 Indias fast growing market. The use of MSPO-certified palm oil (Malaysian Sustainable Palm Oil) will also be promoted under the accord.