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World Malaysia in Talks to Double Palm Oil Shipments to Afghanistan

14:40  10 april  2021
14:40  10 april  2021 Source:   bloomberg.com

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(Bloomberg) -- Malaysia, the world’s second-biggest palm oil producer, is in talks to boost exports of the tropical oil to Afghanistan, according to the Plantation Industries and Commodities ministry.

A worker prepares palm oil fruit bunches for sterilization inside a mill at the IOI Corp. Gomali palm oil estate in Gemas, Johor, Malaysia, on Wednesday, June 10, 2020. Palm oil stockpiles in Malaysia posted a surprise drop as of end-May as production in the world's second-largest grower eased for the first time in four months. © Bloomberg A worker prepares palm oil fruit bunches for sterilization inside a mill at the IOI Corp. Gomali palm oil estate in Gemas, Johor, Malaysia, on Wednesday, June 10, 2020. Palm oil stockpiles in Malaysia posted a surprise drop as of end-May as production in the world's second-largest grower eased for the first time in four months.

Both countries have agreed to explore options to increase Malaysian palm oil shipments to Afghanistan to 150,000 tons a year, from 75,000 tons currently, minister Khairuddin Aman Razali said in a statement Saturday, following a meeting with Afghanistan’s ambassador earlier this week.

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Malaysia Gets Saudi Pledge to Boost Palm Oil Imports, Plans Hub

This will 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.

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Graham: 'I could not disagree more' with Trump support of Afghanistan troop withdrawal .
Sen. Lindsey Graham (R-S.C.) on Sunday pushed back on former President Trump's support for removing all troops from Afghanistan, writing on Twitter that he "could not disagree more with former President Trump regarding his support for President Biden's withdrawal of all forces from Afghanistan against sound military advice."Earlier on Sunday, Trump released a statement criticizing Biden's goal for all troops to be pulled out of Afghanistan by Sept. 11, but saying that "Getting out of Afghanistan is a wonderful and positive thing to do.""I planned to withdraw on May 1st, and we should keep as close to that schedule as possible," Trump wrote.

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