Tengku Zafrul: Malaysia expects bigger trade growth with India, investment ministry given three months to draft collaboration plan

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Tengku Zafrul Abdul Aziz Новости

Foreign Investment,India Trade Deal

NEW DELHI, Aug 22 — The Ministry of Investment, Trade and Industry (MITI) expects greater trade growth with India following the three-day official visit of Prime Minister Datuk...

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He noted that from his ministry’s perspective, the visit was successful, with bilateral meetings held between Anwar and his Indian counterpart Narendra Modi. During a joint press conference yesterday, Anwar and Modi announced that Malaysia and India have agreed to elevate their ties from an Enhanced Strategic Partnership to a Comprehensive Strategic Partnership.Commenting on Anwar’s announcement today regarding investment commitments totalling RM4.5 billion secured from various sectors and companies in India, Tengku Zafrul said three Indian companies have committed to investing RM4.5 billion in Malaysia.

He said one of the issues Anwar emphasised during the roundtable was the talent pipeline, particularly in engineering, adding that Indian companies have expressed willingness to collaborate with Malaysia in training students to secure jobs in this sector.

 

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