Malaysia looks to Pakistan after Indian palm oil controls

[Protest_again]

So Pakistan is already importing half of what india was importing. They can easily double it up and india can just piss off.




That only means they have free press. Unlike your modi godi shit.

Lol.

 

[Maxpane]

Pakistan ,Malaysia and Turkey's company should start jv and should produce end products to earn money which could be beneficial for all three countries

 

[Indos]

If India can ban imported refined palm oil, so other country can do the same. Indonesia for instant can just ban textile product from China. This is actually a violation of WTO agreement.

 

[Chhatrapati]

But tea will be fantastic, for sure.

@Chhatrapati hey man just chill. Let's discuss Malaysian palm oil issue only.

Tea is indeed fantastic, ask Niazi and his 90k brothers in arms, they ate, slept and bathe here for months so it is natural the following generation would have a taste and appreciation for it.

I'm all ears for Malaysian palm oil issue as long as we don't go for old sayings of yoda.

If India can ban imported refined palm oil, so other country can do the same. Indonesia for instant can just ban textile product from China. This is actually a violation of WTO agreement.

As long as the ban is targeted as a specific country, India hasn't banned Malaysia specifically on paper.
EU started banning imports of palm without any consequence from WTO.

 

[Indos]

As long as the ban is targeted as a specific country, India hasn't banned Malaysia specifically on paper.
EU started banning imports of palm without any consequence from WTO.

Similar like Indonesia who somehow in the future can ban all textile import or steel import to improve its own textile and steel industry. This action is actually against WTO trade agreement.

EU hasnt yet ban palm oil import. They just plan it to do but hasnt yet done it. Indonesia can still export crude and refined palm oil to EU up until now.

 

[Goku]

If India can ban imported refined palm oil, so other country can do the same. Indonesia for instant can just ban textile product from China. This is actually a violation of WTO agreement.

Thats why Kashmir retaliation is used as an excuse. Or what Malaysians think about Kashmir isnt much relevant. We just used this for our profit

 

[Indos]

Thats why Kashmir retaliation is used as an excuse. Or what Malaysians think about Kashmir isnt much relevant. We just used this for our profit

Is the refine palm oil from Malaysia sold by using Indian brand ? If that is the case it will be hard for Indian reseller to keep their business, since Indian existing refinery I believe cannot produce enough refined product to Indian domestic market.

 

[Zane_K]

There is no such thing as a bad tree but...

the way humans plant them can lead to problems.

Over 25% of Indonesia's rainforests have been deforested and replaced with vast palm oil plantations. Why is palm oil bad? Because in these man-made monocultures, local wildlife can't survive and the palm trees' roots soak up huge amounts of water, destroying the soil.
But boycotting palm oil or putting a ban on it would not solve the problem.

this info was taken from a blog ..for further reading look up this link;
https://www.google.co.uk/amp/s/blog...onesia-sumatra-orangutan-habitats-ecosia/amp/

 

[Surya 1]

Pakistan should help its brethren country.

 

[Indos]

There is no such thing as a bad tree but...

the way humans plant them can lead to problems.

Over 25% of Indonesia's rainforests have been deforested and replaced with vast palm oil plantations. Why is palm oil bad? Because in these man-made monocultures, local wildlife can't survive and the palm trees' roots soak up huge amounts of water, destroying the soil.
But boycotting palm oil or putting a ban on it would not solve the problem.

this info was taken from a blog ..for further reading look up this link;
https://www.google.co.uk/amp/s/blog...onesia-sumatra-orangutan-habitats-ecosia/amp/

"The palm oil industry has been haunted by health concerns promoted by NGOs without strong scientific evidence.

Although abundant studies have concluded that palm oil is on a par with other vegetable oils, the negative perception that palm oil is bad for human health has lingered.

The allegations of palm oil as the main cause of massive deforestation and environmental damage, such as forest fires and haze continue even though growers and the government in Indonesia have made significant improvements and have stepped up the introduction of high sustainability standards under their own certification system, known as Indonesian Sustainable Palm Oil (ISPO). In fact, forest fires in the United States, Australia and Brazil have often been bigger than in Indonesia.

The drivers of the anti-palm oil campaign in developed countries often simply ignore the complexity of the palm oil sector. They do not appreciate that the problems within the oil palm estates are related to poverty as 40 percent of the plantations are owned by smallholder farmers with less than 2 hectares of land.

No wonder that many in Indonesia and Malaysia have seen the anti-palm oil campaign as an instrument of capitalism to protect vegetable oil (soybean, rape seed, etc) producers in developed countries who are never able to compete with palm oil as its yield is more than nine times those of other vegetable oils."

https://www.thejakartapost.com/acad...ity-issue-affects-fair-trade-in-palm-oil.html

 

[Zane_K]

"The palm oil industry has been haunted by health concerns promoted by NGOs without strong scientific evidence.

Although abundant studies have concluded that palm oil is on a par with other vegetable oils, the negative perception that palm oil is bad for human health has lingered.

The allegations of palm oil as the main cause of massive deforestation and environmental damage, such as forest fires and haze continue even though growers and the government in Indonesia have made significant improvements and have stepped up the introduction of high sustainability standards under their own certification system, known as Indonesian Sustainable Palm Oil (ISPO). In fact, forest fires in the United States, Australia and Brazil have often been bigger than in Indonesia.

The drivers of the anti-palm oil campaign in developed countries often simply ignore the complexity of the palm oil sector. They do not appreciate that the problems within the oil palm estates are related to poverty as 40 percent of the plantations are owned by smallholder farmers with less than 2 hectares of land.

No wonder that many in Indonesia and Malaysia have seen the anti-palm oil campaign as an instrument of capitalism to protect vegetable oil (soybean, rape seed, etc) producers in developed countries who are never able to compete with palm oil as its yield is more than nine times those of other vegetable oils."

https://www.thejakartapost.com/acad...ity-issue-affects-fair-trade-in-palm-oil.html

Okay fair enough .. I realise the Palm
Oil industry has a lot more complexity.

 

[Goku]

Is the refine palm oil from Malaysia sold by using Indian brand ? If that is the case it will be hard for Indian reseller to keep their business, since Indian existing refinery I believe cannot produce enough refined product to Indian domestic market.

Thats the game.

 

[HAIDER]

Malaysia looks to Pakistan after Indian palm oil controls

Malaysia may expand its palm oil trade with Pakistan following controls imposed by the Indian government on refined palm oil imports. (Shutterstock)
Short Url
https://arab.news/542av

Updated 13 January 2020
Nor Arlene Tan
January 13, 2020 02:28
65342

• India is world’s biggest palm oil importer and in 2018 imported $5.1 billion worth
• Palm oil restrictions are seen as New Delhi retaliation following Malaysian criticism

KUALA LUMPUR: Malaysia may expand its palm oil trade with Pakistan following controls imposed by the Indian government on refined palm oil imports.
“Pakistan is one of Malaysia’s most regular and dependable buyers of local palm oil and products,” Malaysian Primary Industries Minister Teresa Kok said on Sunday.
Kok met Pakistan’s Adviser for Commerce, Textiles, Industry and Production and Investment Abdul Razak Dawood on an official visit to Pakistan.
“In 2018, Pakistan imported 1.16 million metric tons of palm oil from Malaysia valued at RM2.97 billion ($730 million). Avenues were discussed to further expand Malaysian palm oil share in this growing market,” said a statement by the Ministry of Primary Industries in Malaysia on Sunday following the minister’s visit.
India’s Directorate General of Foreign Trade (DGFT) last week announced restrictions on the import of refined palm oil and palm olein, a liquid form of palm oil. Importers will now be required to apply for licenses.
Indian media reported that while the announcement was “not country-specific, but product-specific,” Indian Prime Minister Narendra Modi’s government had “informally” requested palm oil refiners and traders forgo Malaysian palm oil.
India is the world’s biggest palm oil importer and in 2018 imported $3.8 billion worth of palm oil from Indonesia, and $1.3 billion from Malaysia. The two Southeast Asian countries are the world’s main producers in the palm oil industry.
The Indian import controls came after remarks by Malaysian Prime Minister regarding India’s actions on Kashmir and the new citizenship law last year.
A Malaysian political analyst from the Singapore Institute of International Affairs, Dr. Oh Ei Sun, said that the restriction “doesn’t help to improve bilateral relations” and is seen as New Delhi’s retaliation to a series of remarks made by Malaysian Prime Minister Mahathir Mohamad regarding India’s widely criticized citizenship laws and Kashmir lockdown.
“We speak out our minds and we don’t retract and change,” said the 94-year old leader at a press event in October regarding his UN speech last year calling for a UN resolution on the Jammu and Kashmir conflicts.
He also spoke out against the new citizenship legislation last year during the KL Summit in December, claiming that the new law would “deprive some Muslims of their citizenship.”
Mahathir’s decision to allow controversial Indian preacher Zakir Naik to remain in Malaysia also upset Modi.
“As India is a major buyer of Malaysian refined palm oil, palm oil refining industry will, of course, be significantly affected,” Dr. Oh said, adding that it remains to be seen if the broader crude palm oil-producing industry will be affected.


https://www.arabnews.com/node/1612166/business-economy

My family was one of importer of palm oil in 80s and early 90s But.... Anyway govt should give them tax break or subsidiary to importers . Malaysia deserve huge pay back. They are one of true friends of Pakistan and very honest people to do business.
FBR had asked the government to raise the customs duty on soyabean oil from the current Rs9,050/tonne (US$77.8) to Rs12,000 (US$103.2), an increase of 32.5%, said Pakistan Today in a 3 May report.
For palm oil, the proposal would raise the import duties from Rs10,200/tonne (US$87.7) to Rs13,200 (US$ 113.5), an increase of 29.5%.
Extremely irrational tax. Almost 75 percent edible oil comes from outside. There is huge capacity for Indonesian and Malaysian importer to setup refining units in Pakistan.

 

[Lincoln]

As long as we have other suppliers like Indonesia.


Palm oil is not a rare gem that's only found in Malaysia, they only recently started supplying more Palm oil to India after the former PM Najib had an agreement with India to increase trade between the two. It used to be Indonesia who was the major supplier. People don't eat Palm oil everyday to live so any price hike in it will not directly hit the public.

Yes, it's not a rare gem but bulk costs matter. I think you're not aware of what palm oil is used for. It will 100% hit the public.

 

[Goku]

Yes, it's not a rare gem but bulk costs matter. I think you're not aware of what palm oil is used for. It will 100% hit the public.

We are not reducing our imports , we are just diverting it from Malaysia to Indonesia. We will import more crude palm oil from Indonesia instead of refined from Malaysia ,this will be benfit our local refiners. It would hvae been difficult to do this abruptly hence using Kashmir pretext as an excuse.