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    Malaysia to double palm oil exports to China, dodge EU restrictions

    kitsiosgeo by kitsiosgeo
    September 18, 2023
    in Asia Pacific
    0
    Malaysia to double palm oil exports to China, dodge EU restrictions

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    KUALA LUMPUR — Malaysia says it will double palm oil exports to China to half a million tonnes annually as the Southeast Asian nation moves against European restrictions on a commodity used in everything from cookies to cosmetics.

    The plan was made public on Sunday at the 20th China-ASEAN Expo in the southern Chinese city of Nanning, where representatives of the countries signed investment deals worth 19.84 billion ringgit ($4.23 billion) to develop warehousing, logistics and waste-to-energy power plants in Malaysia.

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    Tags: ChinadodgeDoubleexportsMalaysiaOilPalmrestrictions
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