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Malaysia Looks to Exchange Palm Oil for Support Military Procurement

Malaysia Looks to Exchange Palm Oil for Support Military Procurement Malaysia Looks to Exchange Palm Oil for Support Military Procurement

Malaysia will look to leverage its expansive palm oil resources to support military procurement, a senior government official has stated.

Teresa Kok, Malaysia's minister for primary industries, said the countertrade of palm oil in exchange for materiel would save local jobs, preserve state budget, as well as bolster military capabilities.

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