PUTRAJAYA: Pakistan is ready to import more palm oil from Malaysia, which is seeking other markets following controls imposed by India on refined palm oil imports.

Prime Minister Tun Dr Mahathir Mohamad (pic) said the sale of palm oil was discussed by him and Pakistan Prime Minister Imran Khan during their bilateral meeting.

“Pakistan is quite ready to import more palm oil from Malaysia,” he said at a joint press conference with Imran on Tuesday (Jan 4).

This was echoed by Imran, who said Pakistan would try its best to compensate after India threatened to cut palm oil imports.

“We notice that India threatened Malaysia for supporting the Kashmir cause and threatened to cut palm oil imports.

“Pakistan will try its best to compensate,” he said.

India’s directorate-general of foreign trade had announced restrictions on the import of refined palm oil and palm olein where importers would now be required to apply for licences.

The Indian import controls came after remarks by Dr Mahathir regarding India’s actions on Kashmir and the new citizenship law last year.

Source : The Star