Speaking with StarBiz, Malaysia University of Science and Technology economics professor Geoffrey Williams noted that an upside for Malaysian trade was in palm oil. This is because Ukraine is a major exporter of competitive oils.
PETALING JAYA: Despite a relatively low direct exposure to Russia and Ukraine in terms of trade, the conflict between the two countries will have a global impact that will eventually affect Malaysian trade.
Speaking with StarBiz, Malaysia University of Science and Technology economics professor Geoffrey Williams noted that an upside for Malaysian trade was in palm oil. This is because Ukraine is a major exporter of competitive oils.
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