Malaysian delegation in UAE to discuss trade, investment
His Excellency Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, held talks with His Excellency Zafrul Aziz, Minister of Investment, Trade and Industry for Malaysia, in Abu Dhabi to pursue deeper trade and investment ties. The meeting was part of a visit to the UAE by a delegation of Malaysia’s leading trade officials. UAE is Malaysia’s second largest trading partner in the Middle East, accounting for 32 per cent of its total trade with Arab countries, while Malaysia ranks eighth Non-Arab Asia Country for UAE exports and 19th in re-exports. The two sides expressed to increase investments to build on the US$370 million in combined FDI. During the discussions, His Excellency Al Zeyoudi reaffirmed the UAE’s commitment to enhance trade cooperation and develop opportunities for the business communities of both sides.