As edible oils pact with Malaysia, Indonesia ends, India should now hike import duties: SEA
As India's 2010 pact with Malaysia and Indonesia came to an end, trade body SEA on Monday said the government should hike customs duty on soya, sunflower and crude palm oils and encourage domestic production. The Solvent Extractors Association of India (SEA) also urged the government to ban the import of refined palm oils or palmolien in order to encourage domestic production. These are some of the short-term measures the trade body has submitted to the government for making India self-sufficient in edible oils. Читать дальше...