Business Standard

Malaysia, Indonesia plan to promote palm oil

Image

Press Trust of India Kuta (Bali)

The move was discussed at the three-day Joint Committee Meeting on Bilateral Cooperation on the Commodities of palm oil, cocoa and pepper between Malaysia and Indonesia held here yesterday.

Effects of various aspects of commodity plantation industries on changing climate and measures to counter the impact was also discussed in the meet.

 

Details of the two countries' measures and strategies on the issue of commodities, especially palm oil will be made public soon.

Malaysia and Indonesia are the world's two largest producers of palm oil with a 90 per cent share of world market and the clearance of any negative perception of the commodity is the joint responsibility of the two countries.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Apr 25 2008 | 1:56 PM IST

Explore News