Malaysia, China trade group ink deal to stabilise palm oil supply chain

The Malaysian Palm Oil Board (MPOB) has signed a memorandum of understanding (MoU) with the China Chamber of Commerce of Import and Export of Foodstuffs, Native Produce, and Animal By-products (CFNA) to enhance trade and cooperation in the palm oil sector between both countries on palm oil supply chain stabilisation fields.

The MoU was signed in Beijing, China on April 1, 2023 by MPOB deputy director-general (research and development) Zainab Idris and CFNA president Cao Derong. 

“China wishes to...