Malaysia to study impact of India's planned trade action

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Malaysia to study impact of India's planned trade action
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Malaysia's Prime Minister Mahathir Mohamad said his government will monitor...

FILE PHOTO: Malaysian Prime Minister Mahathir Mohamad addresses the 74th session of the United Nations General Assembly at U.N. headquarters in New York City, New York, U.S., September 27, 2019. REUTERS/Eduardo Munoz/File Photo

Government and industry sources told Reuters last week that New Delhi is looking for ways to limit palm oil imports and other goods from Malaysia, in retaliation for Mahathir’s speech at the United Nations in September when he said India had “invaded and occupied” Jammu and Kashmir. Malaysia had said it did not receive “anything official” from India.

“They are exporting goods to Malaysia too. It’s not just one-way trade, it’s two-way trade,” Mahathir was quoted as saying in the report.

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Reuters /  🏆 2. in US

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