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A customer at a supermaket in Nyeri compares prices of various brands of cooking oil after the passage of the Finance Act 2023. [Kibata Kihu, Standard]
A new law that prevents businesses from exporting products linked to deforestation into the European Union (EU) could be the reason behind the aggressive interest by Indonesia and Malaysia in Kenya's edible oil market.
In the last two months, both countries - which are global leaders in palm oil - have sent delegations to Kenya and have expressed interest for some sort of partnership in the edible oils space.
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