KUALA LUMPUR, June 25 — Deputy International Trade and Industry Minister Datuk Lim Ban Hong will lead a trade and investment mission to Mexico and Peru from tomorrow until July 5, 2022.
"The trade and investment mission would be focusing on broad linkage opportunities as well as exploring new markets for our exports as part of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership trade pact," according to a MITI statement today. The focus would be on Malaysia’s capabilities and capacities in strategic sectors, including electrical and electronics , electric vehicle segment, digital economy and automotive industry.
In 2021, Malaysia recorded a substantial increase in total trade with Mexico to reach RM13.89 billion compared to 2020, contributed by higher exports of E&E products and manufactures of metal.