Page 533 - MOE ENGLISH PR REPORT - OCTOBER 2024

10/23/24, 9:49 AM UAE and Malaysia conclude Cepa negotiations | The National
ties,” Tengku Zafrul Aziz, Malaysia's Minister of Investment, Trade and Industry, said.

“We view the UAE as a strategic hub for Malaysian exporters to access markets in the

Middle East, North Africa and certain parts of Europe.”

Malaysian exports such as electronics, machinery, jewellery, prepared food, tropical fruits,
palm oil, cocoa and rubber would immediately benefit from zero import duties when this

agreement comes into force, he added.

“The Cepa is also a strategic lever for UAE-based companies to optimise Malaysia as a

gateway into the Asean market, which, in turn, will provide tremendous opportunities for

our businesses – particularly the SMEs – through integration into regional supply chains,

capacity building and knowledge sharing via the UAE investors,” Mr Aziz said.

Updated: October 10, 2024, 3:01 PM

https://www.thenationalnews.com/business/economy/2024/10/10/uae-and-malaysia-conclude-cepa-negotiations/ 3/3