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Malaysia: After The Exit Of Mahathir Mohamad, Kuala Lumpur Looking To Resolve Palm Oil Dispute With India
Malaysian Prime Minister Mahathir Mohamad. (How Hwee Young - Pool/GettyImages).
The new government in Malaysia, formed after sudden resignation of Mahathir Mohamad, is looking to resolve the palm-oil dispute with India within a month, reports Economic Times.
This was conveyed by Mohd Khairuddin Aman Razali, the new minister of plantation industries and commodities, who said on Wednesday (11 March), "One of the first moves for the new government is to rebuild the relationship with India, especially for the palm oil issue."
India is the world's biggest consumer of edible oil and imported bulk of its palm oil from Malaysia. However, the relationship between both nations deteriorated after PM Mahathir Mohamad's anti-India stand and his comments calling Kashmir, a disputed territory.
This led to the imposition of restrictions on palmolein, and crude and refined palm oil from Malaysia.
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