Malaysia and India Strengthens Palm Oil Partnership to Boost Value Chain and Product Innovation
Malaysia and India are working to strengthen their partnership in the palm oil industry, creating more opportunities for agribusiness investment Malaysia.
Malaysia–India Boost Palm Oil Trade and Investment Cooperation
Prime Minister Anwar Ibrahim confirmed that Malaysia will continue to be a reliable supplier of sustainable palm oil to India. Both Anwar and Indian Prime Minister Narendra Modi agreed to increase cooperation in oil palm cultivation and the overall value chain.
The two countries also highlighted the importance of key trade agreements, including MICECA and AITIGA. They welcomed the ongoing review of AITIGA to ensure it remains useful, fair, and aligned with current global trade practices. These agreements are expected to support agribusiness investment Malaysia by improving trade conditions.
In addition, both leaders encouraged better use of MICECA to strengthen economic ties. India was recognised as an important investment destination for Malaysian businesses, while Malaysia continues to benefit from Indian companies in manufacturing and technology, which create skilled jobs.
Malaysia–India Palm Oil Pact
Connectivity was also seen as important for growth. Both countries agreed to further improve air and sea links to support trade and investment, including agribusiness investment Malaysia.
They also agreed to work together on developing the palm oil value chain, especially in producing higher-value and downstream palm-based products. This move is expected to boost innovation and open up new market opportunities.
Finally, both sides committed to resolving market access issues more efficiently through structured discussions, helping to support smoother trade and stronger agribusiness investment Malaysia in the future.