27 Agustus 2019

Malaysia Seeks to Barter Arms Purchase with Palm Oil

27 Agustus 2019

Tejas fighter (photo : Economic Times)

KUALA LUMPUR: Malaysia is in talks with at least six countries on the possibility of using palm oil to pay for arms, as Southeast Asia's third-biggest economy seeks to replace old equipment to boost its defence capabilities.

Malaysia has struggled to update its defence equipment over the years and a cut in its defence budget this year all but derailed efforts to replace navy ships, some of which have been in service for 35 years or more.

Costs have been a big hurdle but using palm oil to help pay for equipment could open new avenues to upgrade, Defence Minister Mohamad Sabu said on Monday.

Mohamad said discussions on paying with palm oil had started with China, Russia, India, Pakistan, Turkey and Iran.

"If they are prepared to accept a palm barter trade, we are very willing to go in that direction," Mohamad told Reuters in an interview. "We have a lot of palm oil."

Malaysia and Indonesia, the world's two largest palm oil producers, are embroiled in a dispute with the European Union over a plan to phase out the commodity from renewable fuels used by the bloc by 2030 over deforestation concerns.

The two countries supply about 85% of global palm oil, much of which is used in food but also in items such as lipstick and soap.

JF-17 of Pakistan-China (photo : Quwa)

Mohamad said he could not put a figure on how much palm oil Malaysia was looking to trade for defence equipment.

Besides new ships, Malaysia was also keen to acquire long-range surveillance aircraft, unmanned aerial vehicles and fast intercept boats, the minister said.

The planned barter is part of a 10-year defence policy to be tabled in parliament this year, which Mohamad said would focus on boosting naval capabilities, including in the disputed South China Sea.

China claims historic jurisdiction over the sea via a so-called nine-dash line on maps, but it overlaps with territory claimed by Malaysia, China, Vietnam, Brunei and the Philippines. Taiwan also claims most of the sea.

Recent Chinese naval deployments in the disputed sea, through which over US$3.4 trillion in goods are transported annually, have reignited tension with Vietnam and the Philippines.

Malaysia had been critical of China's South China Sea position, but has not been excessively outspoken recently, especially after China pumped in billions of dollars into infrastructure projects under its Belt and Road Initiative.

Malaysia regularly tracked Chinese naval and coastguard vessels entering Malaysia's territorial waters, Mohamad said, but added that China respects Malaysia and had "not done anything that caused us trouble, so far."

However, Southeast Asian counties would need to work together to make sure their interests are not drowned out by big powers like the U.S. and China jostling for control, Mohamad said. "We want this region to remain peaceful and neutral."

(NST)

26 komentar:

  1. Ayo barter2 pake minyak... Tahun 2019 sdh mau berakhir cuma beli handy talky ?????

    BalasHapus
  2. Minyak low quality accute!!!negara yang mau barter pasti kongsi commonweak dibawah pantat ratu british

    BalasHapus
  3. Hahahaha minyak low quality accute ditukar armament perang baja kelas rendah dan besi rongsokan khas china....payah....dasar malon mau nipu malah ketipu

    BalasHapus
  4. Balasan
    1. Memang tak de wang nak beli alutsista KD LeMeS kerana tak de wang terpaksa minta discount dengan merelakan semua pembangunan pembinaan KD LeMeS dilakukan semua di negara om panda...kasihan sekarang akal akalan dengan barter minyak kualitas rendah

      Hapus
  5. beli pesawat make minyak, wew wew.
    2019 lho ini, ribuan tahun sejak manusia mengenal sistem barter loh.

    masa negara kaya, bisanya cuma barter 😂😸

    BalasHapus
  6. Malon klw minyaknya gak laku buat barter kalian minum sendiri je

    😁😁

    BalasHapus
    Balasan
    1. Sekalian sama buat mandi besar

      Hapus
    2. Hehehe jendral jack sadiz...iya seh maklum ahli dubor...

      Hapus
  7. Kemarin sibuk ejek sini miskin tak de wang beli pesawat pakai sawit, sekarang.. Malonte memang tak punya malu, bangsa kaleng2

    BalasHapus
  8. WKWKWKWK , MISKIN, TOLOL, PENJUDI, BANYAK BANYAKLAH KAU BINA PEMUDA MALAYSIA MAIN JUDI, UNTUK KUMPULKAN UANG BELI PESAWAT BARU WKWKWKWKWKWKWKWKWKWK

    BalasHapus
  9. Percuma malon punya pespur!
    Apalagi pespur jelek low quality.
    Baru 2 tahun punya tejas atau jf17 sudah grounded semua

    BalasHapus
  10. Low quality? Haha jelas2 su30mkm setingkat lebih baik dr mkk tni..night strike hornet jelas2 lebih supreme dr f16 bekasan tni haha

    BalasHapus
  11. sangat miskin ternyata 🤔🤔 dari sekian lama cuma beli handly talky n kapal plastik downgrade made in chino 🤣🤣🤣

    BalasHapus
  12. Website paling ternama dan paling terpercaya di Asia
    Sistem pelayanan 24 Jam Non-Stop bersama dengan CS Berpengalaman respon tercepat
    Memiliki 9 Jenis game yang sangat digemari oleh seluruh peminat poker / domino
    Link Alternatif :
    arena-domino.club
    arena-domino.vip
    100% Memuaskan ^-^

    BalasHapus
  13. Thank you for this article.. Apply online for Azerbaijan online visa to travel Azerbaijan. Get visa online with 24/7 customer support.

    BalasHapus
  14. I found this to be a very inspiring and helpful article . I am grateful for your efforts. Any idea about the India e visa fee . Now you can easily check the Indian visa fees.

    BalasHapus
  15. You have provided some excellent information that is very useful for us all. I really appreciate it. Thank you, a lot. Keep up the good work. I just wanted to share with you that online Myanmar business visa requirements Myanmar business visa requirements are now available. You can get a tourist or business visa online at your convenience.

    BalasHapus
  16. I love your blogging style. I added it to my preferred blog web page list and will return soon… Citizens of the United States of America need a visa to travel to India. US citizens can apply online for an Indian 30 days tourist eVisa from USA. And then you can travel in India.

    BalasHapus
  17. Thanks for the amazing and detailed information.
    Click here malaysia visa fees

    BalasHapus
  18. I'm excited to feature excerpts from your articles on my blog! You'll receive full credit, and your work will be properly sourced. Given our shared interests, I believe your content will engage my audience. Your collaboration is greatly appreciated. Thank you. Bahrain visa on arrival ,
    Bahrain offers visa on arrival for many nationalities, including GCC residents. Upon arrival, present your passport and other required documents. Visa Confirm rates and requirements before traveling

    BalasHapus
  19. This post elegantly weaves together strands of thought, leading readers on a journey of introspection. With each turn of phrase, you peel back layers of understanding, revealing profound truths. Allow me to share some information with you Australians need a visa for India? Yes, Australians planning to visit India must obtain a visa beforehand. Ensuring you have the necessary visa documentation is crucial before embarking on your journey to this diverse and culturally rich country.

    BalasHapus
  20. I'm truly enthusiastic about featuring excerpts from your articles on my blog. You can trust that I'll attribute them appropriately, ensuring proper recognition of the original source. Your willingness to collaborate would mean a great deal to me. Thank you for taking the time to contemplate this partnership. Planning a trip to Uganda? Save time and hassle by applying for the Uganda online e visa. This convenient system allows travelers to apply for their visas online. Simply fill out the online application form, upload required documents, and pay the processing fee. With the Uganda online e-visa, you can get your visa approved from the comfort of your home, making the travel process smoother and more efficient. Take advantage of this convenient option for a hassle-free entry into Uganda and focus on enjoying your travel experience to the fullest.

    BalasHapus
  21. I'm thrilled at the chance to feature excerpts from your articles on my blog. You'll receive full credit, including proper source recognition. Considering our aligned interests, I'm confident your content will enrich my audience's interaction. Your collaboration would mean a lot. Thank you. Tanzania online visa application If you're traveling to Tanzania, take advantage of the streamlined Tanzania online visa application process, to complete the electronic application form. Ensure you have all necessary documents ready for submission. Upon approval, your eVisa will be issued electronically, simplifying your travel arrangements. Check the website for detailed instructions and requirements.

    BalasHapus
  22. Each sentence is like a brushstroke, painting a vivid picture of imagination and insight. Your ability to craft such compelling narratives is truly commendable. Thank you for sharing your talent with the world. I eagerly anticipate diving into more of your captivating work and embarking on new intellectual journeys with each piece. How long does Djibouti evisa take? It's always advisable to double-check with the relevant authorities or consulate for the most accurate updates on eVisa processing times. Safe travels!

    BalasHapus