Malaysia secures over RM230mil in palm oil trade deals during china visit

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KUALA LUMPUR: Malaysia has secured over RM230 million in palm oil trade deals during Deputy Plantation and Commodities Minister Datuk Chan Foong Hin’s recent working visit to China.

Additionally, Chan said that the Chinese authorities had approved the export and use of palm tocotrienols in food applications in March this year.

"With Malaysia’s annual palm oil production maintained at around 18 million tonnes, it is crucial to adhere to the standards of the European Union Deforestation Regulation and sustainable development principles,” he said.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChina

Topics: Chan Foong Hin Commodities Palm oil Plantation and Commodities Minsitry /Business/Business News MoU

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-15 @ 15:20:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 463 words

Reading Time: 3 minutes read

Sentences: 14 lines

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Copyright Owner: © The Star

News ID: 21622957

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