Report: UK poised to remove import tariffs on Malaysian palm oil
The UK government is planning to eliminate import tariffs on palm oil from Malaysia, the price of joining an Asia-Pacific trade deal, the Financial Times (FT) reported, citing people involved in the talks.
Malaysia has successfully demanded Britain cut its palm oil tariffs, which currently range up to 12 per cent, to zero immediately on entering the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP), the FT said.
Read also
Russian wheat exports will decrease by almost 20% this season
BLACK SEA OIL TRADE: Showcase Your Business Among the Key Market Makers!
European Commission approves quotas for Ukrainian agricultural products
Impact of problems in Argentina on the sunflower market
Indian Punjab authorities urge farmers to replace rice with corn
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon