Page 399 - MOE ENGLISH PR REPORT - JUNE 2024

6/24/24, 3:39 PM UAE and Malaysia Forge Closer Trade Bonds as 2023 Trade Hits $4.7 Billion
to deepen trade and investment ties between the United Arab Emirates and

Malaysia.

Dr. Al Zeyoudi and Malaysia’s Minister Zafrul Aziz discussed enhancing

collaboration in tech, manufacturing, and services, and reviewed negotiations

for an Economic Partnership Agreement. Reflecting strengthened ties, UAE-

Malaysia non-oil trade hit US$4.7 billion in 2023, sustaining 2022's record

levels.

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 recognise the

developmental importance of open, rules-based

trade and are committed to ensuring our private

sectors are able to maximise 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

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