Finance Minister Tengku Zafrul Aziz and ministry officials at the Apec Virtual Finance Ministers’ Meeting on Friday.
At the conference, representatives of member nations stated their commitment to working towards establishing tax, trade and business policies that would allow the region to rebuild its economy. Shaun Edward Cheah, executive director of the Malaysian International Chamber of Commerce and Industry, agreed that a travel agreement was needed as the region “has an advantage with our short haul flights”.
“With more open multilateral agreements, Malaysian businesses can access foreign markets and conversely attract foreign knowledge technology and financial investments.”
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