Malaysia has agreed in principle to exempt selected Palestinian agricultural and food products from customs duties, signaling a commitment to support Palestine’s economic recovery.
Malaysia waiving duties on Palestinian imports?
Investment, Trade and Industry Minister Tengku Zafrul said the move reflects Malaysia’s solidarity and aims to foster mutual socio-economic benefits. The announcement was made during the signing of a memorandum of understanding (MoU) on trade and economic cooperation between Malaysia and Palestine.
The MoU was exchanged by MITI secretary-general Datuk Hairil Yahri Yaacob and Palestinian ambassador Walid Abu Ali, and witnessed by Prime Minister Datuk Seri Anwar Ibrahim in Kuala Lumpur.
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