Afghanistan May See 2-Fold Rise In Palm Oil Exports From Malaysia
Aghan Voice Agency (AVA)_Kabul: Afghanistan is likely to receive 150,000 tons of palm oil a year from Malaysia with the country’s Plantation Industries and Commodities ministry hinting at a rise in the export of the tropical oil to Afghanistan on Saturday.
Malaysia is the world’s #second-biggest_palm_oil_producer and Afghanistan ambassador met #Malaysian_minister Khairuddin Aman Razali earlier this week to discuss boosting the exports.
“The move is likely to open a “golden gateway” for Malaysia to expand its palm oil market share in the Middle East and accelerate exports to countries such as Turkmenistan, Uzbekistan, Kyrgyzstan, Tajikistan and Kazakhstan,” Khairuddin said, adding that the ministry also plans to sign a memorandum of understanding to increase exports of other agricultural commodities including rubber, pepper, cocoa and timber.
Higher Malaysian palm oil exports to Afghanistan will help counter the impact of Sri Lanka’s recent ban on palm oil imports, Khairuddin said.