Malaysia, UAE will cooperate in boosting economic opportunities towards recovery from COVID-19 pandemic

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KUALA LUMPUR FEB.9: Malaysia and United Arab Emirates (UAE) have agreed to foster greater cooperation especially in boosting economic opportunities as both countries are focused on a strong and resilient economic recovery from COVID-19 pandemic.

The agreement was made between the Minister of Foreign Affairs, Datuk Seri Hishammuddin Tun Hussein and his counterpart Sheikh Abdullah bin Zayed bin Sultan Al Nahyan, Minister of Foreign Affairs and International Cooperation of UAE on 8th February 2021.

“In this regard the two ministers discussed important initiatives under four priority areas of cooperation in the post-pandemic era namely trade and investments, agriculture and food security, health, and diplomatic exchanges,” said the Ministry of Foreign Affairs in its statement here today.

The statement added, the working visit of Hishammuddin to UAE has provided a new impetus to the strong and brotherly ties between both countries.

“The UAE is one of Malaysia’s main trading partners. In 2019, the total trade between Malaysia and UAE was valued at USD6.43 billion. The UAE is also Malaysia’s largest export destination and second largest source of import in the West Asia region.

“Given Malaysia’s strategic location in Southeast Asian region, Malaysia is committed to being the gateway for the UAE to enter the region’s market, which is the home for over 650 million people,” said the statement.

Meanwhile Hishammuddin will return to Malaysia on 9th February 2021 and he will undergo mandatory quarantine adhering to COVID-19 standard operating procedures (SOP) as prescribed by the Ministry of Health (MOH). –Malaysia World News

 

 


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