Markets and Trade
AreaMalaysia
Commodity GroupOilseeds, oils and meals
CommodityPalm oil
Date01/04/2017
Policy CategoryTrade
Policy InstrumentExport promotion
DescriptionThe Governments of Malaysia and India signed a Memorandum of Understanding, aimed at helping raise the presence of Malaysian palm oil in the Indian market.
NotesThe 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.