Malaysian business leader calls for boosting trade ties with Kuwait

By Abduallah Bugas

KUALA LUMPUR, March 31 (KUNA) — A leading Malaysian business figure has urged counterparts in Kuwait to establish joint enterprises in south-east Asia and the Middle East.
Chief Executive Officer of Malaysia External Trade Development Corporation (Matrade) Dato’ Dzulkifli Mahmud made the call in remarks to KUNA on sidelines of the 13th Malaysian International Halal Showcase (MIHAS) 2016 that kicked off, on Wednesday, in Kuala Lumpur.
“Through Kuwaiti and Malaysian expertise we could conduct a joint work in the fields of trade, investments and industry,” Dzulkifli said, indicating that his country aspires to boost commercial and investment cooperation with Kuwait to best serve the interest for both nations.
Kuwait cherishes remarkable capabilities in the field of logistical services, he affirmed. And, there are substantial investment and commercial potentials available in Malaysia, he said, also noting the country’s open policy in the fields of hotels, investments, tourism and industry.
“Good and developed” is how he described the commercial bilateral ties between Kuwait and Malaysia.
He expressed hope that the bilateral cooperation be boosted and developed, especially in the fields of goods, consumption materials related to halal industry and petrochemical products.
He called on the Kuwaiti companies to take part in MIHAS’ next session of 2016, which is considered a platform for the GCC countries and Middle East, to promote their products through Malaysia, which is a trade market for east Asian countries and (ASEAN) nations.
Matrade was established in March 1993 as an external trade promotion arm of Malaysia’s Ministry of International Trade and Industry. It specializes in promoting Malaysia’s exports to the world and is represented worldwide at 409 locations in major commercial cities. (end)