India-Malaysia
Recently, there has been major rifts between India and Malaysia over Palm oil. Malaysia at the United Nations General Assembly meet placed open accusations on India for abrogating Article 370 and its other steps towards development of Kashmir. Malaysian PM accused India of invading and occupying Kashmir. According to India, Kashmir issue is completely internal and is between India and Pakistan to settle upon.
Following such accusations, India gradually decreased its Palm oil imports from Malaysia. In September 2019, the palm oil imports (before the Malaysian PM’s accusation) were 310,648 tonnes. In October, the imports were reduced to 219,956 tonnes and in November it was 142,696 tonnes.
India is the largest importer of palm oil in the world. And oil exports are highly important for the Malaysian economy as it accounts to 2.8% of its GDP and 4.5% of its total exports.
Inference
India having cut its imports from Malaysia, is now on the plan of increasing its domestic oil seed production.