Malaysia, China sign palm oil trade MOU

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 co-operation in the palm oil sector between both countries on palm oil supply chain stabilisation fields.

The MOU was signed in Beijing yesterday by MPOB deputy director-general (research and development) Dr Zainab Idris and CFNA president Cao Derong.