Dubai PR Network, Online Press Release from Dubai and Middle East
 
Government Sector(Government, Legal & Humanity)
Filter PR by
  

Malaysian PM Anwar Ibrahim received HE Al Zeyoudi as the UAE and Malaysia seek deeper trade and investment ties

 
Malaysian PM Anwar Ibrahim received HE Al Zeyoudi as the UAE and Malaysia seek deeper trade and investment ties
  • UAE-Malaysia non-oil bilateral trade totaled US $4.7 billion in 2023.
  • HE Al Zeyoudi: “Malaysia is a highly valued and long-standing trade and investment partner for the UAE. Both nations recognize the developmental importance of open, rules-based trade and are committed to ensuring our private sectors are able to maximize the opportunities available in each other’s economies”

Putrajaya, Malaysia – 4th June, 2024:  His Excellency Anwar Ibrahim, Prime Minister of Malaysia, received His Excellency Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, on a visit to the country designed to deepen trade and investment ties between the United Arab Emirates and Malaysia.

HE Dr Thani also held talks with His Excellency Zafrul Aziz, Malaysia’s Minister of Investment, Trade and Industry, in which they discussed collaboration in high-growth sectors such as technology, manufacturing, and services, and reviewed the progress of negotiations towards a Comprehensive Economic Partnership Agreement. The visit reflects the strengthening ties between the UAE and Malaysia. In 2023, the two counties shared non-oil trade worth US$4.7 billion dollars, maintaining the record-setting levels achieved in 2022.

HE Al Zeyoudi stated, “Malaysia is a highly valued and long-standing trade and investment partner for the UAE, and this visit underlines the importance of face-to-face meetings as we seek to elevate our relationship. Our nations both recognize the developmental importance of open, rules-based trade and are committed to ensuring our private sectors are able to maximize the opportunities available in each other’s economies. We see considerable potential for greater trade and investment flows, particularly in high-growth sectors such as energy, logistics, manufacturing and financial services, and believe we can collaborate to further develop the Halal economy. We look forward to making progress on our CEPA negotiations and securing long-term, sustainable prosperity for both our nations.”

Echoing these sentiments, His Excellency Zafrul Aziz stated, “The UAE is an important partner for Malaysia in the Middle East with whom we share a mutual commitment to enhancing trade and investment through open and fair-trade practices. This meeting is a testament to our joint efforts to build a more robust economic relationship that will benefit both our countries and regions.”

HE Al Zeyoudi, who was accompanied by a UAE delegation that included senior officials and representatives from the private sector, then attended a business roundtable, in which he underlined the potential for collaboration, particularly in the field of energy, the automotive sector and the Halal economy. This was followed by a networking meeting between business leaders from both countries, which sought to exchange experiences and discuss potential opportunities.  

The UAE has been strengthening its ties with the ASEAN bloc in recent years. They have now signed Comprehensive Economic Partnership Agreements with Indonesia (July, 2022) and Cambodia (June, 2023), both of which are now in operation and helping to accelerate bilateral trade.


Posted by : DubaiPRNetwork.com Editorial Team
Viewed 8405 times
PR Category : Government, Legal & Humanity
Posted on : Wednesday, June 5, 2024  7:55:00 AM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : SLC organises Annual Legislative Audit Meeting 2024
Next Story : Economic Integration Committee reviews progress of National ...
Email this article Print this article

Share this article with your friends and followers
NewsVine
 
 
Most Viewed Press Release posted in the last 7 days
LG named the official partner of the Esports world cup 2024 in Saudi Arabia [17622-Views]
Zayed National Museum recreates Magan Boat in partnership with Zayed University and New Yo... [8220-Views]
UAE climate change experts seek youth and academic views [8208-Views]
OPPO Launches Unbeatable AI Phone Reno12 Series and TWS Enco X3i in GCC on July 2nd [7413-Views]
Giorgio Armani Eyewear collaborates with renowned Calligrapher Diaa Allam [6929-Views]
UAE and Japan discuss the latest developments in the comprehensive strategic partnership a... [6896-Views]
LG acquires Athom to advance AI-Enabled intelligent Space Business [6667-Views]
Union Coop Announces Exciting Promotions for July 2024 [5916-Views]
Galibier launches Pogačar toward Yellow Jersey [5801-Views]
Arabian Horse Racing Meets French Expertise at the Sheikh Mansoor Festival's 16th Edition [5719-Views]
RTA delivers Traffic Safety Awareness Messages to 350,000 Students,holds events attracting... [5715-Views]
Mohammed Bin Rashid Library Hosts Poetry Evening on 11 July [5683-Views]
School of Life sheds light on emotional intelligence and quality of life this July [5654-Views]
Pogačar retains yellow after 2nd place in time trial [5629-Views]
Creative and Unique Events Await Visitors of Mohammed Bin Rashid Library in July [5625-Views]
PG Real Estate Unveils Bold AED 1 Billion Investment Plan [5560-Views]
The Authority of Social Contribution Ma'an Signs MoU With Emirates Cancer Society To Pro... [5551-Views]
Al Ain Summer Sports Begins with Exciting New Sports and Kids Summer Camp at ADNEC Centre ... [5551-Views]
Kempinski Hotel Mall of the Emirates hosts Jumeirah College Enterprise Week 2024 [5535-Views]
IATA and ASF to Develop Standard Cabin Waste Composition Audit Program and Drive Circulari... [5482-Views]
Malabar Gold & Diamonds strengthens presence in the UK, opens 2nd showroom at Leicester [5293-Views]
Dubai Customs and Dubai Chambers Discuss Joint Cooperation and Support for Dubai Economic ... [5256-Views]
Summer Streaming Made mobile with LG stanbyme movable smart screen and StanByMe go carry B... [5182-Views]
Citymax Al Barsha at the Mall Welcomes High So [5162-Views]
UAE to host Asia-Pacific Accreditation Cooperation annual meetings for first time [4801-Views]
 
RSS Facebook Twitter LinkedDin DubaiPRNetwork.com on Instagram
Back to Section Home

Related Stories

 
Top Sections
 
Top Stories