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Tengku Zafrul: Asean-GCC cooperation to boost bilateral trade, investment

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RIYADH, Oct 21 — The cooperation between Asean member countries and the Gulf Cooperation Council (GCC) countries will open more opportunities for bilateral trade and investment...

Minister of Investment, Trade and Industry Datuk Seri Tengku Zafrul Tengku Abdul Aziz said cooperation between Asean member countries and the Gulf Cooperation Council will be through the existing expertise sharing and export network between Malaysian companies and GCC specifically in Saudi Arabia.

“Malaysian companies that will cooperate with local companies in Saudi Arabia can also export their expertise and capital to assist the investments in the kingdom. “Investments from the United Arab Emirates , for example, has reached about US$6.6 billion, as announced by the prime minister who is also finance minister,” said Tengku Zafrul.

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