Malaysia worries about China's trade barriers to palm oil imports
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Last Update: 2002-03-01
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Source: Internet
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Author: User
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Introduction: Malaysia's New Straits Times news on February 28: Malaysia is worried that China may impose potential trade restrictions on palm oil imports despite its commitment to free trade after China's accession to the world trade organization Malaysia's infrastructure minister, Lin Keya, said China, as a member of the WTO, would still impose double restrictions on palm oil imports One barrier is China's quota restrictions on palm oil imports Another barrier is that import quotas allocated to Chinese private companies are also allocated to state-owned companies All of this depends on whether the Chinese government provides foreign exchange for palm oil purchases Mr Lin said he will meet with Indonesia's minister of international trade and industry next week to discuss how to estimate China's market liberalization Malaysia and Indonesia together account for nearly all of China's palm oil imports China's demand for palm oil also exceeds 2.4 million tons He was speaking at the first industry working conference of Malaysian palm oil association (author:) share to feed Weibo share to:
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