MEDIA STATEMENT ECONOMIC MISSIONS TO EGYPT AND QATAR STRENGTHEN MALAYSIA AGRICOMMODITY
1. Minister of Plantation Industries and Commodities Malaysia, YB Datuk Hajah Zuraida Kamaruddin, has concluded her Economic and Agricommodities Promotion Mission to Egypt and Qatar from 16 April 2020 to 20th April 2020. During the mission, she has taken the opportunity to meet up with her counterparts from both countries; chaired the Roundtable Meeting with Egyptian and Qataris Agricommodities Players, meeting up with the Local Investment Authorities, Academicians, and the Local Women Entrepreneurs and Diaspora.
2. Among the Ministers and foreign dignitaries who met up with YB Datuk, Zuraida Kamaruddin are H.E. Mrs. Navine Gamea- Ministry of Trade and Industry of Egypt; H.E. Minister Dr. Ali El Moselhy- Ministry of Supply and Internal Trade of Egypt; H.E. Dr. Abdullah Bin Abdulazizi Bin Turky Al Subaie- Ministry of Municipality, State of Qatar; H.E. Sheikh Mohammed bin Hamad bin Qassim Al-Abdullah Al-Thani- Minister of Commerce and Industry of Qatar; H.E. Dr. Sherif el Gabaly, member of Egyptian Parliament and Chairman of EgyptianMalaysian Business Council. She also had a meeting with Counselor Mohamed Abdel Wahab- CEO of General Investment and Free Zones of Egypt, and Professor Dr. Hanafy Hashim, Head of Food Science & Technology, as well as Professor Dr. Gamel Abdrabuh, Dean of Faculty of Agriculture, Universiti AlAzhar.
3. As part of MPIC’s initiatives in promoting Malaysian agricommodity products, the round table discussions will bridge the trade promotional activities, business cooperation, and information exchange between governments and key players from within the industry, particularly for palm oil, rubber, and timber products.
4. The palm oil price has been at the forefront of edible oil news since the pandemic started in 2020 and due to recent ongoing conflict in Europe. The current price surge is driven by the outlook for the supply of substitute vegetable oils due to uncertainty over sunflower seed oil from Ukraine and Russia. Tight supply from the producing countries has also impacted the global palm oil price.
5. Malaysian Palm Oil Board (MPOB) anticipated crude palm oil (CPO) production to improve by 4.9% to 19 million tonnes this year, from 18.12 million tonnes in 2021, resulting in palm oil stocks increasing 21.1% to 1.95 million tonnes, from 1.61 million tonnes in 2021. This is excellent news to the industry players and market onlookers. It shows Malaysia is prepared to meet the encouraging demand for palm oil from the market, including from Egypt and Qatar. A few promising ideas, such as including Malaysia Palm Oil in the Egyptian Food Subsidy Scheme and exploring the private sectors, are further the applications of the rubberized road in Qatar. Further discussion is being conducted, and Malaysia is hopeful that the initiatives will benefit all involved parties.
6. The Hon. Minister has conducted missions to several countries beginning the year 2022 to increase exports of Malaysian commodities, especially palm oil. The countries visited are Saudi Arabia, Iran, Turkey, Pakistan, India, Bangladesh, Egypt, and Qatar. Malaysian companies also took part in these Ministerial missions to strengthen and re-establish bilateral relations. Among the achievements are proposals to establish joint venture partnerships in India and Pakistan. There were also proposals from Qatar and Egypt to invest with Malaysian companies to set up production facilities in Malaysia. This is seen as a strategic move that will accelerate the commodities export to the regions.
YB DATUK HAJAH ZURAIDA KAMARUDDIN MINISTER OF PLANTATION INDUSTRIES AND COMMODITIES 20 APRIL 2022
PRESS STATEMENT SPECIAL ROUNDTABLE SESSION WITH RAWALPINDI AND ISLAMABAD CHAMBER OF COMMERCE & INDUSTRY TO STRENGTHEN MALAYSIAN COMMODITIES PRODUCTS EXPORT
1. The Minister of Plantation Industries and Commodities, Datuk Hajah Zuraida Kamaruddin, was on a working visit to the Islamic Republic of Pakistan from30th March 2022 to 1st April 2022 to strengthen agricultural commodities trade relations between Malaysia and Pakistan. The Malaysian delegation also promoted the country’s primary agricultural commodities, namely palm oil, rubber, timber, pepper, cocoa, and kenaf.
2. Pakistan has been specially identified as one of the crucial countries to visit. Both countries share common values and culture, thus offering much room for expansion, especially in trade. Pakistan is also one of Malaysia’s largest trading partners in agri-commodities, and Malaysia has several joint-venture projects, particularly in the palm oil industry at Port Qasim. Malaysia values Pakistan’s support and friendship and believes more should be done to increase trade activities between the two countries.
3. The Ministry views this special roundtable session with Islamabad and the Rawalpindi Chamber of Commerce as a relevant avenue to disseminate the latest information about Malaysian commodities among the industry players. The Minister enticed the Chamber members to consider doing more business and joint ventures with Malaysia, particularly in developing downstream products such as the oleo-chemical industry, natural rubber seismic bearing, rubberized road, timber doors, floor panels, and wooden doors, premium chocolate, and pepper. The Minister also invited Chamber members present to participate in the Malaysia International Agricommodity Expo and Summit (MIACES) held on 26th -28th July 2022 in Kuala Lumpur.
4. Before the meeting with the Islamabad and Rawalpindi Chamber of Commerce, the Minister met with the Honourable Abdul Razak Dawood, Adviser of Commerce and Investment to the Prime Minister of Pakistan, and the Honourable Ayub Afridi, Adviser of Overseas Pakistanis and Human Resource Development to the Prime Minister of Pakistan, on two separate occasions to discuss ways to expand Malaysia’s agri-commodity market share in Pakistan, possible collaboration in research and development for agricommodity sector and the possibility of recruiting Pakistan workers to work in Malaysian’s palm oil plantation.
5. Other than discussions with Pakistan’s ministers, Datuk Hajah Zuraida Kamaruddin also met with Pakistan-Malaysia Business Council in Karachi and witnessed the signing of a Memorandum of Understanding between All Pakistan Timber Traders Association and Malaysia Timber council.
6. Pakistan has been an essential and strategic trade partner for Malaysian agricommodity products, with a total export value of RM3.31 billion in 2021. Malaysia's main agri-commodity exports to Pakistan are palm oil (RM2.92 billion), rubber (RM253.90 million), and timber products (RM82.44 million). The total export of Malaysian palm oil and palm oil products to Pakistan is RM2.92 billion and 830,833 tonnage. This figure represents 88.3% of entire Malaysian agricommodities products exported to Pakistan.
YB DATUK HAJAH ZURAIDA KAMARUDDIN MINISTER OF PLANTATION INDUSTRIES AND COMMODITIES 7 APRIL 2022
MEDIA STATEMENT MALAYSIA PREPARED TO ASSIST THE UK AND EUROPE IN THE SEED OIL SUPPLY CRISIS BY SUPPLYING MALAYSIAN FULL OF GOODNESS COOKING OIL
1. The Ministry of Plantation Industries and Commodities (MPIC) is prepared to assist the United Kingdom and Europe over their impending edible seed oil supply crisis. The British press recently indicated that the UK would run into a cooking oil crisis in weeks as the seed oil supply was choked due to the RussiaUkraine war. We are deeply concerned over the state in UK and Europe following the current situation between Russia and Ukraine. And therefore, should the UK and other European nations need our assistance, we are ready to assist with supplying edible palm oil or cooking oil for their domestic and manufacturing needs.
2. Malaysian palm oil sustainability fully adheres to the Malaysian Palm Oil Certification Council (MPOCC), which is based on the Malaysian Sustainable Palm Oil (MSPO) standards, and consistent with the international Roundtable on Sustainable Palm Oil (RSPO) requirements. We see this as a humanitarian need as Russia and Ukraine jointly supply 70 percent of sunflower cooking oil to the world.
3. Despite the anti-palm oil propaganda by some Western nations, and while we do not condone this misleading protectionist and distorted propaganda, we still want to offer our assistance in this trying time. Malaysia is a caring, friendly nation, and because of that, we are more than willing to provide Malaysian palm oil full of goodness to these affected countries.
4. This country has long battled against Western anti-palm oil propaganda, and it is time for us to put this to rest. We are ready to offer immediate assistance as we do not want to see any country suffer from a cooking oil supply crisis when Malaysia is one of the biggest palm oil producers in the world.
YB DATUK HAJAH ZURAIDA KAMARUDDIN MINISTER OF PLANTATION INDUSTRIES AND COMMODITIES (MPIC) 29 MARCH 2022
MEDIA STATEMENT ADVANCING AGRICOMMODITY SECTOR IN A SUSTAINABLE ECOSYSTEM AT MALAYSIA INTERNATIONAL AGRICOMMODITY EXPO AND SUMMIT (MIACES) _____________________________________________________________________________________
1. Minister of Plantation Industries and Commodities, YB Datuk Hajah Zuraida Kamaruddin, officiated the soft launch of the Malaysia International Agricommodity Expo and Summit 2022 (MIACES 2022) held at Malaysia International Trade and Exhibition Centre (MITEC) Kuala Lumpur today.
2. MIACES 2022 could not have been organized at a better time as the anticipated openings for the Agricommodity sector to further flourish in the global market. It will be the premier event in the calendar of Agricommodity and primary industries internationally, scheduled to be held from 26-28 July this year at MITEC.
3. Organized by the Ministry of Plantation, Industries, and Commodities (MPIC) and anchored by the Malaysian Rubber Council (MRC), Malaysian Palm Oil Council (MPOC) and Malaysian Timber Council (MTC), MIACES 2022 is expected to create opportunities to expand to new markets for Agricommodity exports.
4. The event comprises three days expo, summit, ministerial roundtable, and award night to appreciate the industry practitioners putting their efforts in uplifting the industries. It will showcase 250 companies, 500 trade delegates, 10,000 visitors to attend this three-day event, and MOUs are anticipated to be signed and witnessed by our distinguished dignitaries locally and internationally. It will also showcase the latest equipment, machinery, and technology.
5. The Ministry believes that agricommodity sector could grow into a stronger economic contributor by increasing agricommodity industry players, producers, investors, stakeholders and advancing sustainable primary production here in Malaysia. MPIC intends to grow a cluster of large agricommodity firms that can take on the world and build on Malaysia’s agricommodity strength.
MINISTRY OF PLANTATION INDUSTRIES AND COMMODITIES 23 March 2022
1. Minister of Plantation Industries and Commodities Malaysia, YB Datuk Hajah Zuraida Kamaruddin launched the International Rubber Industry Convention and Expo 2022 (IRICE 2022) today at One World Hotel, Petaling Jaya
. 2. IRICE 2022 is held in conjunction with the 10th International Rubber Glove Conference and Exhibition 2022 (IRGCE 2022) and RubberCon2022. All three events, IRICE 2022, IRGCE 2022 and RubberCon2022, will be happening on 6 to 8 September at Kuala Lumpur Convention Centre.
3. Datuk Hajah Zuraida said during her officiating speech, “government responsibilities include creating an enabling environment that will allow the Malaysian rubber industry to realise its full potential, achieve global excellence, maximize its contribution to the domestic economy, and fulfil its obligations to various sections of society.” “Our primary aim is to ensure that the Malaysian rubber made products are renowned across the world.” She added.
4. IRICE 2022, organized by Malaysian Rubber Products Manufacturers Association (MRPMA) and co-hosted by Malaysian Rubber Council (MRC), aims to define the opportunities and address the challenges faced by Malaysia rubber industry players, which include precured treads, engineered rubber products in construction, railway, mining and marine, latex foam and mattresses, rubber medical devices, rubber automotive components, and green rubber. It also aims to promote the dry and technical rubber exhibition in Malaysia, that covers six categories; art painting, handicraft & souvenirs, sports, recreational and general consumer goods, building, construction and engineering, electrical & electronics, automotive, masterbatch, rubber chemicals, machinery and equipment. IRICE 2022 is a platform for them to connect and network with each other, to boost revenue as well as facilitate knowledge sharing amongst the industry.
5. “IRICE has been an effective avenue to bridge the smallholders and manufacturers of the rubber industry, especially in assisting in policy creation and bringing the industry players together and thus be a platform for effective networking,” said Dr Daroyah Alwi, Chairman of MRC during her opening speech.
6. IRICE was first organized in 2017 by MRPMA, with an astounding success in attracting hundreds of participants and speakers. This biennial event is dedicated to promoting growth of the rubber industry, by discussing on related policies and promoting the upstream sector of the rubber industry. IRICE also benefits the downstream sector in helping to identify new market opportunities. "Our Vision is to make IRICE the leading exhibition for the rubber industry in ASEAN." said Mr Yeaw Kok Kwey, President of MRPMA.
7. Also present during the event were Encik Hizwan Ahmad, Chief Executive Officer of MRC, Mr Loh Yoon Han, Organising Chair of IRICE and management team of both MRC and MRPMA
. 8. As part of MRC’s initiatives in promoting Malaysian rubber products, the exhibition will bridge the trade promotion activities, business cooperation, technologies exchange for domestic and key players from within the rubber industry. To date, more than 80 companies have shown interest in participating and MRPMA is encouraging more participation from other rubber industry stakeholders to take part in the IRICE 2022. To participate, please visit www.irice.com.my.