India has more than 3 lakh hectares of land under oil palm cultivation, and can support an additional 28 lakh hectares. This can significantly reduce its palm oil import burden.
In April, Indian buyers opted to cancel large amounts of palm oil purchases for the first time in many years and industry was expecting May imports could fall to 700,000 tonnes.
Ottawa is stepping up its courtship of the region. The campaign was readily apparent in Singapore last week with a conference devoted to stronger ties with Southeast Asia.
On bilateral ties, Admiral Paparo said India-US ties have an exponential effect on deterrence, because it demonstrates a unity of purpose among us to maintain the peace.
This is the game every nation is now learning to play. Some are finding new allies or seeing value among nations where they’d seen marginal interest. The starkest example is India & Europe.
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