Page 400 - 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
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, 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.”

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.

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