NEW DELHI – After refined palm oil, the government is planning to impose more trade curbs on Malaysia with a plan to restrict the import of microprocessors as Malaysian PM Mahathir Mohamad vows to speak out against the “wrong things”.
According to the Times of India, PM Mahathir Mohamad’s determination to speak out on what India believes are its internal issues has seen the Modi government working on imposing technical standards on microprocessors and also putting in place a quality control order for telecom equipment.
Customs authorities have been asked to ensure compliance of the quality control order as part of efforts to restrict the entry of Malaysian equipment into India, in what is probably the first trade retaliation by India against a country’s political stance.
On Tuesday, Mahathir said he was worried over the trade restrictions but added that he would continue to speak out against “wrong things”. “We are concerned, of course, because we sell a lot of palm oil to India, but, on the other hand, we need to be frank and see that if something goes wrong, we will have to say it,” the veteran leader told reporters in Kuala Lumpur. “If we allow things to go wrong and think only about the money involved, then I think a lot of wrong things will be done, by us and by other people,” he added.