May 23, 2023
Malaysia reportedly planning to get Russian grain
Malaysia plans to buy Russian grain for producing animal feed, Sputnik reported.
The news agency claimed Malaysian Agriculture and Food Security Minister Datuk Seri Mohamad Sabu as commending Russian grain as "among the best quality."
"Therefore, Malaysia is considering Russian grain as one of its potential resources for animal feed that help to stabilise the affordability of the poultry supply in the country," Sabu told Sputnik. "Malaysia is searching for higher quality animal feed with better prices. This understanding could benefit both countries."
Sabu added that the Malaysia may also supply Russia with aquaculture products. He also invited Russian Agriculture Minister Dmitry Patrushev to the country to sign a memorandum of understanding, which "might lead to a plausible FTA (free trade agreement) in the future."
Patrushev said Russia is eager to increase food supplies to Malaysia. He specified that there is a great potential in exports of sunflower and soybean oils, wheat, peas, poultry, beef, dairy products and fish.
Russia-Malaysia trade in agricultural goods grew by 18 in 2022, the Russian Agriculture Ministry said, adding that the positive growth is also evident this year.
- Malay Mail