India has increased the duty on import of edible oil. Industry stakeholders then fear that this could lead to an increase in the entry of edible oil into India from Nepal and Bangladesh. Because India has Free Trade Agreement (FTA) with these two countries. They fear that it may still be cheaper to process oil in these countries and sell it in India. In addition, the government is well suited to deal with the consequences of increasing incentives for Indonesia's refined oil exports… details
