Relevant Competitive Tests:
Edible Oil Trade associations from five palm oil importing countries in South Asia – India, Pakistan, Sri Lanka, Bangladesh, and Nepal, announced the setting up of: ____________?
A. South Asian Palm Oil Alliance (SAPOA)
B. Asian Palm Oil Alliance (APOA)Correct Answer
C. South Asian Oil Alliance (SAOA)
D. Asian Oil Alliance (AOA)
Correct Option: B. Asian Palm Oil Alliance (APOA)
Detailed Explanation & Reference:
Edible oil trade associations from five palm oil importing countries in South Asia – India, Pakistan, Sri Lanka, Bangladesh and Nepal, announced the setting up of Asian Palm Oil Alliance (APOA). The idea is to gain collecting bargaining power and make imports sustainable.
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