New Delhi: Malaysia's PM Mahathir Mohammad, who has been taking an anti-India stance for the last few days, has said on Monday that he will not take any kind of retaliation against India. India, the biggest purchaser of edible oil worldwide, had banned the import of oil from Malaysia this month. This was seen as being linked to Mahathir being an aggressor against India's policies. Mahathir has strongly criticized India from the Kashmir issue to the Citizenship Act.
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Mahathir told the press persons in Langkawi, Malaysia, that we are a small country to take any retaliation against India. We have to use other methods and means to get out of this problem. However, the 94-year-old Mahathir reiterated once again on Monday about the CAA that it is unfair in every way. India has been the top buyer of edible oil from Malaysia in the last 5 years, but now it has become difficult for Malaysia to sell oil.
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Oil exports are an important part of Malaysia's economy. Malaysia's edible oil prices have fallen by about 10% last week, which is also the biggest weekly decline in the last 11 years.
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