News

Egypt will cooperate with Malaysia in the field of palm oil production

RBD Palm Oil
Egypt
Malaysia
Published Feb 22, 2023

Tridge summary

Egypt expects to learn from the experience of Malaysian colleagues in the field of palm oil production, Minister of Trade and Industry of the country Ahmed Sameer said during a meeting with a delegation of one of the largest Malaysian palm oil producing companies. It is reported by Zawya. According to him, Egypt is ready to carefully study the process chains of palm oil production and gain experience from Malaysian market participants.

Original content

Thus, an African country can become a regional center for the production of "palms" and its further export to neighboring markets. “For this, the ministry is ready to provide all the necessary support and help in attracting investment in the industry. And Malaysian companies can benefit from the trade benefits of the African Continental Free Trade Agreement, chief among which is exemption from customs duties,” Samir ...
Source: Milknews
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