Malaysia will open up more agricultural commodity markets in anticipation of greater challenges and stricter rules at the global level, says Datuk Seri Fadillah Yusof.
The Plantation and Commodities Minister told reporters after officiating at the National Agricultural Commodity Day 2023 on Tuesday (Dec 5) that one of the challenges came from the European Union Deforestation Regulation, which prohibits deforestation for agricultural commodities like oil palm, rubber, cocoa and coffee, adding that the government would ensure that the plantation and commodity sectors would not be affected by the tightened rules, smallholders in particular.
Fadillah, who is also Deputy Prime Minister, said the focus now should be on how Malaysia could expand its product markets.
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