PORT DICKSON, May 19 (Bernama) -- The government was Sunday asked toabolish the 20 per cent quota on the export of palm oil.Guthrie Berhad Group chief executive Tan Sri Abdul Khalid Ibrahim said itwas time to abolish the export quota and have an open market."I think it's time for Malaysia to be more internationalised. In fact theWTO (World Trade Organisation) has asked us not to put any curbs on ourexports," he told reporters after taking part in the group's tenniscompetition, here.He said that if Malaysia did not lift the quota it would face curbs fromother countries.For example, he said, Indonesia had reduced its quota to less than fiveper cent compared with 80 per cent previously."So Indonesia's exports will be more than ours...and our country's overallearnings will also be reduced," he said.He also said that with the quota, there would be too much stock in thecountry, and the prices would fall.He said Malaysia now produced more than 12 million tonnes of Crude palmoil a year.He added that the government should be proactive in the matter so thatMalaysia could continue to compete in the world market. --BERNAMA(The informations and opinions expressed in this article represent theviews of the author only. They should not be seen as necessarilyreflecting the views of Palm News)