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Azmin, senior Miti officials on trade and investment mission to Europe | Malay Mail

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Azmin, senior Miti officials on trade and investment mission to Europe

KUALA LUMPUR, Oct 13 — International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali has arrived in Frankfurt, Germany, on a trade and investment mission to further strengthen bilateral economic relations between Malaysia and European economic powerhouses.

“Additionally, these countries have also outlined policies and strategies to achieve a net-zero greenhouse gas emissions target by 2050, aligned with the country’s 12th Malaysia Plan aspirations,” the ministry said in a statement. Leveraging on the engagements, including with his counterparts, Mohamed Azmin will also be sharing Malaysia’s National Recovery Plan, the 12MP and National Investment Aspirations .

In 2020, Germany was Malaysia’s largest trading partner and second largest source of foreign direct investments among the European Union member states. Meanwhile, within the EU, France was Malaysia’s fourth largest trading partner and third largest source of FDIs in 2020. From January to August 2021, overall trade between Malaysia and France hit RM8.37 billion, with exports to France standing at RM3.64 billion while imports at RM4.73 billion.

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What’s the target for this mission?

Jalan-jalan, cari makan...... Literally

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