Ban import of refined palm oil: SEA
   Date :12-May-2020

EDIBLE oil trade _1 
 
 
SEA on Monday asked the Government to ban import of refined palm oil, fix tariff value on sunflower oil and monitor illegal shipments from Nepal, Bangladesh and Sri Lanka to protect local processing industry. The Solvent Extractors Association of India (SEA) flagged the issues in a meeting with Food Secretary Sudhanshu Pande through video conferencing.
In a statement, SEA said it informed the Government about the need to ban import of refined palm oil from Malaysia and Indonesia at a time when domestic refining capacity is lying idle, going against the clarion call given by Prime Minister Narendra Modi for ‘Make in India’. “With coronavirus driven prospects of job losses looming, it is imperative that refined oil imports are totally banned forthwith,” the SEA said in the statement.