A Joint Working Group co-chaired by APOA and CPOPC, with Solidaridad serving as the technical secretariat, will oversee the implementation of the MoU.
By investing in productivity, sustainability, and inclusive growth, Côte d’Ivoire aims to reclaim its leadership in the West African palm oil market.
The association, which represents India’s edible oil refining industry, highlighted that the country’s vegetable oil imports; primarily palm and soybean oils, have stabilized and are beginning to ease.
The agreement includes a dedicated protocol on palm oil aimed at promoting sustainable trade.
India’s total edible oil imports increased by 3.6% in August compared to the previous month, reaching around 1.6 million tons, the highest volume in over a year.