Indian ban on Malaysian palm oil opens a window for Pakistan.

 
FREE EXCERPT

RAWALPINDI -- The Rawalpindi Chamber of Commerce and Industry (RCCI) has asked government to issue special quota on import of Palm oil from Malaysia in preview of recent steps taken by India companies to curtail the import of palm oil from Malaysia.

RCCI President, Saboor Malik said in a statement that the business community and people of Pakistan lauded the speech of Mahateer Muhammad, Prime Minister of Malaysia at UN annual summit.

"The Indian move comes out following the support and categorical stance by Malaysia on Kashmir issue at the United Nations", he said.

Saboor said that the Indian's ban on import of palm oil from Malaysia provided us a great opportunity and window to fill the gap,adding the low tariff import of Palm oil would help local vegetable and soap industry, he added.

The RCCI chief deplored on Indian act for...

To continue reading

REQUEST YOUR TRIAL