MUMBAI: India has initiated a probe into whether a jump in refined palm oil shipments from Malaysia is causing serious injury to domestic industry, the trade ministry’s investigative arm said in a statement.
Mohd Bakke Salleh, chairman of the MPOB, last month attributed the increase to recent changes in Indian duties.Malaysian shipments already attracted only a 45% duty due to the Comprehensive Economic Cooperation Agreement signed by the two countries nearly a decade ago.
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