Trade ministers from India and Malaysia are likely to meet on the sidelines of t...
KUALA LUMPUR/NEW DELHI - Trade ministers from India and Malaysia are likely to meet on the sidelines of the World Economic Forum’s annual meeting in Davos next week amid a palm oil spat between the two countries, a Malaysian government spokesman told Reuters on Friday.
Malaysia, a Muslim-majority nation, is the second biggest producer and exporter of palm oil and India’s restrictions on the refined variety of the commodity imposed last week have been seen as a retaliation for Mahathir’s criticism of New Delhi’s actions. No agenda has been set for the proposed meeting between Goyal and his Malaysian counterpart Darell Leiking on Friday, the spokesman for Malaysia’s Ministry of International Trade and Industry said, adding that the request for a meeting had come from India.
A separate Indian government source said it was important for New Delhi also to talk things out with Malaysia.
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