Malaysia wants to boost palm oil exports to the Middle East and Africa

게시됨 2023년 3월 30일

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Malaysia is planning to increase palm oil exports to the Middle East and Africa by establishing new export centers in Egypt and Saudi Arabia. The country is also looking to strengthen relations with Qatar and China to increase supplies. This comes after the EU adopted new rules for the import of agricultural products, prohibiting those produced using processes that lead to forest area reduction, which Malaysia and Indonesia consider discriminatory. Last year, Malaysian palm oil exports to the Middle East increased by 32% and to North Africa by 51%, but exports to the EU decreased by 22% in January and February this year.

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원본 콘텐츠

Malaysia plans to increase palm oil exports to the Middle East and Africa markets by establishing new export centers in Egypt and Saudi Arabia. This was stated in an interview published on Friday with the Nikkei newspaper by Deputy Prime Minister, Minister of the Plantation Industry and Commodities of the country Fadilla Yusof. "There are several strategies that we are considering. Firstly, we are exploring new markets and at the same time strengthening relations with all countries that are close to us," he said. According to the Deputy Prime Minister, a meeting was recently held with the Egyptian Ambassador to Malaysia, who announced his country's aspiration to "become a regional center for the supply of palm oil." “They want to import more of our product so that Egypt is a hub so they can distribute the oil in Africa,” Yusof said. "The same applies to the markets of the Middle East. For example, Saudi Arabia is also interested (in becoming an export center - TASS note)," the ...

출처: Kvedomosti