Malaysia hopes to increase business with India

Bernama: Malaysia hopes to increase business with India, said Teresa Kok, Primary Industries Minister, Malaysia. She gave this response on recent news about sugar producer company MSM Malaysia, a subsidiary of oil palm plantation firm FGV Holding, increasing sugar purchase from India.

Following Malaysia’s criticism of India over Kashmir issue, India halted the Malaysian palm oil imports, this month. And it is believed to resolve the on-going deadlock over palm oil, Malaysia has shown interest in buying sugar. However, the company has refuted the palm oils dispute as a reason to increase sugar purchase.

“During my recent visit to India, our counterparts had stated that as India is purchasing palm oil from Malaysia, we also should purchase their products like sugar, basmati rice and others. If a private company is taking the initiative to increase import from India, this is a welcome step,” she said.

India had last month termed as “factually inaccurate” remarks of Malaysian Prime Minister Mahathir Mohamad on Citizenship Amendment Act (CAA), saying the matter was internal to India” and does not impact the status of any citizen.

The External Affairs Ministry had called upon Malaysia to refrain from commenting on internal developments in India, without the right understanding of facts.

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