PM Anwar will meet South Korea’s chaebol leaders, attract foreign investment

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SEOUL: Prime Minister Datuk Seri Anwar Ibrahim is scheduled to meet leaders of South Korean conglomerates, or “chaebol”, to attract more foreign direc...

: Prime Minister Datuk Seri Anwar Ibrahim is scheduled to meet leaders of South Korean conglomerates, or “chaebol”, to attract more foreign direct investments to Malaysia.

“In general, this official visit is expected to further strengthen bilateral relations between Malaysia and South Korea through agreements that will be sealed on many regional and international issues of mutual interest, including the strengthening of trade and investment initiatives,“ he told the Malaysian media here today.Malaysia’s total exports to South Korea were valued at RM43.95 billion while Malaysia’s total imports from South Korea were worth RM47.1 billion this year.

During the three-day visit, Anwar, who is also the finance minister, is scheduled to hold a bilateral meeting with Yoon at the Office of the President of the Republic of Korea. He said Yoon will host a luncheon in honour of the prime minister and that Anwar will also meet Malaysians who work in South Korea, in addition to being interviewed by Chosun Ilbo and Chosun TV, an influential Korean-language newspaper and television station, on Tuesday. In the interview, he said Anwar would touch on Malaysia-South Korea bilateral relations, trade and investment as well as Malaysia’s ASEAN chairmanship in 2025.

 

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