Malaysia seeks regular supply of wheat from India

Thomas says decision would be taken after the Malaysian government sends a formal proposal

Aiming to enhance bilateral trade with India, the Malaysian government today sought regular supply of from India, which is sitting on a huge stocks of the foodgrains.

India lifted ban on wheat exports from September 2011 following record bumper production and procurement.

"The way Iran wants to buy wheat from India on long-term basis, the Malaysian government is also interested to have long-term contract with India for wheat," Food Minister K V Thomas told reporters after meeting the visiting Malaysian Agriculture Minister Datuk Seri Noh Bin Omar, here.

Some small quantity of wheat is being exported through private trade to the Southeast Asian country. However, wants long-term contract with India for supply of Indian wheat through diplomatic channel, he said.

Thomas said a decision on this issue would be taken after the Malaysian government sends a formal proposal.

"We have asked them to send a formal proposal and also a technical team to India to check the quality of our grain," the minister said.

Other issues related to palm oil were also discussed during the meeting, he added.

Asked about progress made in Iran export deal, Thomas said, "Some issues still remain unresolved at their end. They have to get back."

In the face of surplus stocks, India is now scouting for global wheat market. Over 1.5 million tonne wheat via private trade has already been exported since September 2011.

As on October 1, the government godown has a stock of 66.52 million tonne, against 51.78 million tonne a year ago.

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Business Standard
177 22
Business Standard

Malaysia seeks regular supply of wheat from India

Thomas says decision would be taken after the Malaysian government sends a formal proposal

Press Trust of India  |  New Delhi 



Aiming to enhance bilateral trade with India, the Malaysian government today sought regular supply of from India, which is sitting on a huge stocks of the foodgrains.

India lifted ban on wheat exports from September 2011 following record bumper production and procurement.

"The way Iran wants to buy wheat from India on long-term basis, the Malaysian government is also interested to have long-term contract with India for wheat," Food Minister K V Thomas told reporters after meeting the visiting Malaysian Agriculture Minister Datuk Seri Noh Bin Omar, here.

Some small quantity of wheat is being exported through private trade to the Southeast Asian country. However, wants long-term contract with India for supply of Indian wheat through diplomatic channel, he said.

Thomas said a decision on this issue would be taken after the Malaysian government sends a formal proposal.

"We have asked them to send a formal proposal and also a technical team to India to check the quality of our grain," the minister said.

Other issues related to palm oil were also discussed during the meeting, he added.

Asked about progress made in Iran export deal, Thomas said, "Some issues still remain unresolved at their end. They have to get back."

In the face of surplus stocks, India is now scouting for global wheat market. Over 1.5 million tonne wheat via private trade has already been exported since September 2011.

As on October 1, the government godown has a stock of 66.52 million tonne, against 51.78 million tonne a year ago.

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Malaysia seeks regular supply of wheat from India

Thomas says decision would be taken after the Malaysian government sends a formal proposal

Aiming to enhance bilateral trade with India, the Malaysian government today sought regular supply of wheat from India, which is sitting on a huge stocks of the foodgrains.

Aiming to enhance bilateral trade with India, the Malaysian government today sought regular supply of from India, which is sitting on a huge stocks of the foodgrains.

India lifted ban on wheat exports from September 2011 following record bumper production and procurement.

"The way Iran wants to buy wheat from India on long-term basis, the Malaysian government is also interested to have long-term contract with India for wheat," Food Minister K V Thomas told reporters after meeting the visiting Malaysian Agriculture Minister Datuk Seri Noh Bin Omar, here.

Some small quantity of wheat is being exported through private trade to the Southeast Asian country. However, wants long-term contract with India for supply of Indian wheat through diplomatic channel, he said.

Thomas said a decision on this issue would be taken after the Malaysian government sends a formal proposal.

"We have asked them to send a formal proposal and also a technical team to India to check the quality of our grain," the minister said.

Other issues related to palm oil were also discussed during the meeting, he added.

Asked about progress made in Iran export deal, Thomas said, "Some issues still remain unresolved at their end. They have to get back."

In the face of surplus stocks, India is now scouting for global wheat market. Over 1.5 million tonne wheat via private trade has already been exported since September 2011.

As on October 1, the government godown has a stock of 66.52 million tonne, against 51.78 million tonne a year ago.

image
Business Standard
177 22

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