India is the world’s greatest shipper of consumable oils, and is the greatest purchaser of Malaysian palm oil. It purchased 3.9 million tons of Malaysian palm oil in the initial nine months of 2019.
Malaysia’s Prime Minister Mahathir Mohamad has said that his administration will screen the exchange circumstance with India, which is accounted for to consider exchange checks on the Southeast Asian country over his analysis of New Delhi’s activities in Kashmir.
As indicated by Kashmir Media Service, media reports, a week ago, asserted that India was searching for approaches to restrict palm oil imports and different merchandise from Malaysia in retaliation for Mahathir’s speech at the United Nations in September when he said India had invaded and occupied Jammu and Kashmir.
Malaysia had said it did not receive “anything official” from India.
Mahathir said on Sunday his government will “study the impact of the action taken by India”, the government-owned news wire Bernama reported.
“They are exporting goods to Malaysia too. It’s not just one-way trade, it’s two-way trade,” Mahathir was quoted as saying in the report.