Too small to fight India': Malaysia rules out action over palm oil ban



Malaysia will not take retaliatory trade action against India over its boycott of palm oil purchases amid a political row between the two countries, Prime Minister Mahathir Mohamad said on Monday.
India, the world's largest edible oil buyer, this month effectively halted imports from its largest supplier and the world's second-biggest producer in response to comments from Mahathir attacking India's domestic policies.
"We are too small to take retaliatory action," Mahathir told reporters in Langkawi, a resort island off the western coast of Malaysia. "We have to find ways and means to overcome that," he added.
The 94-year-old premier of Muslim-majority Malaysia has criticised New Delhi's new religion-based citizenship law and also accused India of invading Kashmir. Mahathir again criticised India's citizenship law on Monday, saying he believed it was "grossly unfair".
India has been Malaysia's largest palm oil market for the past five years, presenting the Southeast Asian country with a major challenge in finding new buyers for its palm oil. Read More

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