Govt to focus on selling palm oil to east and west Asian countries - Wee

KLUANG, April 12 -- The government through the Ministry of Plantation Industries and Commodities will be focusing on selling Malaysian palm oil to East and West Asian countries following high demand from those areas.

Deputy Minister Datuk Seri Dr Wee Jeck Seng said among the countries that have increased palm oil purchase are Saudi Arabia, Afghanistan and several countries in Southeast Asia.

“Saudi Arabia that imported 300,000 tonnes Malaysian palm oil per year previously has increased its purchase to 500,000 tonnes while Afghanistan doubles its purchase to 150,000 tonne per year,” he told reporters during a visit to the Malaysian Palm Oil Board (MPOB) research station near here today.

Meanwhile, Wee reiterated his regret over Sri Lanka’s recent decision to follow the footsteps of several European Union (EU) nations not to buy Malaysian palm oil.

“Sri Lanka should have obtain more precise information regarding palm oil from us and I don’t understand why this decision is made so hurriedly using the same reason as the EU.

“For information, we have our own legislation in the palm oil industry, among others, the Malaysian Sustainable Palm Oil (MSPO) which emphasises agriculture and good governance, thus producing quality products,” he said.

He said the country has filed its objection to the World Trade Organisation and is now awaiting its decision while actively seeking new markets.

He added that Sri Lanka previously imported 200,000 tonnes of Malaysian palm oil annually.

On the research station, Wee said his ministry is proud of MPOB for having the largest germplasma research station and collection in the world over 841 hectares, of which, 98 per cent of its land are used for research purposes.

-- BERNAMA