Home International Relations India schemes trade sanctions on Turkey after palm oil row with Malaysia

India schemes trade sanctions on Turkey after palm oil row with Malaysia

India plans to impose heavy sanctions on Malaysia and Turkey
India plans to impose heavy sanctions on Malaysia and Turkey

India vows trade battle with Malaysia and Turkey after their remarks on Kashmir.

The Indian government is planning to put more trade curbs on Malaysian imports after Malaysian Prime Minister Mahathir Mohamad made remarks against the implementation of the CAA bill in India. The trade between India and Malaysia has already taken a hit after India levied sanctions on the imports of palm oil from Malaysia.

The Malaysian leader had criticised India’s decision to scrap Article 370 in Kashmir. India had remarked that Kashmir is India internal matter and it does not welcome any foreign intervention on the issue. India has declared that the decision to abrogate Article 370 in Kashmir is in the interest of development in Jammu and Kashmir’s economy and infrastructure.

The 94-year-old Malaysian leader has agreed that India’s sanction is weighing down on them but he will not stop speaking out against the “wrong things”. Kuala Lumpur will rely on “diplomatic channels” to mediate with the New Delhi. India is planning to widen its trade curb extent from palm oil to oil, gas and other imported products.

Turkey’s Erdogan has come out in support of Pakistan on various issues against India’s attempt to isolate the later on the allegations of funding terror. Islamabad’s cordial ties with Istanbul might make New Delhi impose sanctions on steel and oil imports from the later.

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