Malaysia, Indonesia to increase cooperation in development, palm oil


Prime Minister Ismail Sabri Yaakob says the border areas that need to be developed, whether in Malaysia or on Indonesia’s side, would be identified in future. – The Malaysian Insight file pic, April 1, 2022.


DEVELOPMENT at the Malaysia-Indonesia border areas will be intensified following the opening of Indonesia’s new capital city, Nusantara.

Prime Minister Ismail Sabri Yaakob said the areas that need to be developed, whether in Malaysia or on Indonesia’s side, would be identified.

“I am grateful that Bapak President has agreed for us to identify the areas that will be developed by investors from Malaysia in Nusantara in the future,” he said.

He said this in a joint press conference with Indonesian President Joko Widodo after witnessing the signing of a memorandum of understanding on the employment and protection of Indonesian Domestic Workers at Istana Merdeka, in Jakarta today. 

Touching on oil palm, Ismail Sabri said both countries have agreed that the price of palm oil should be determined together and not to compete in terms of price.

Malaysia and Indonesia are the main exporters of palm oil and overall control the exports of the commodity. – Bernama, April 1, 2022.


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