Latest news with #MPCEPA
The Star
16 hours ago
- Business
- The Star
Malaysia continues to forge trade, investment ties with global strategic partners, says Tengku Zafrul
KUALA LUMPUR: The recent meetings between Prime Minister Datuk Seri Anwar Ibrahim and high-level foreign leaders from Australia, Pakistan, Turkiye and Palestine underlined Malaysia's commitment to strengthening trade and investment ties with strategic partners from multiple continents, says Tengku Datuk Seri Zafrul Abdul Aziz. The Investment, Trade and Industry Minister said their discussions covered various strategic initiatives, from the review of free trade agreements (FTAs), including the Malaysia-Australia Free Trade Agreement (MAFTA) and the Malaysia-Pakistan Closer Economic Partnership Agreement (MPCEPA). He said this also included the expansion of the Malaysia-Turkiye Free Trade Agreement (MTFTA) to the services and investment sectors, as well as continued support for the Palestinian economy. "We also urge the active participation of all these countries in the Malaysia International Halal Showcase (MIHAS) 2025, the world's largest halal platform, as well as exploring opportunities in high-tech (technology) and sustainable sectors such as renewable energy, the digital economy, and the halal industry. "Our aim is clear - to drive economic growth that is inclusive, resilient, and brings shared prosperity," he said in a post on X (formerly known as Twitter) Saturday (July 12). - Bernama
The Sun
a day ago
- Business
- The Sun
Malaysia strengthens global trade ties with key partners
KUALA LUMPUR: Malaysia is reinforcing its economic partnerships with strategic global players, including Australia, Pakistan, Turkiye, and Palestine, as part of its commitment to fostering inclusive and resilient growth. Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz highlighted recent high-level discussions aimed at expanding trade agreements and exploring new opportunities in key sectors. The talks included a review of existing free trade agreements such as the Malaysia-Australia Free Trade Agreement (MAFTA) and the Malaysia-Pakistan Closer Economic Partnership Agreement (MPCEPA). Additionally, efforts are underway to broaden the Malaysia-Turkiye Free Trade Agreement (MTFTA) to include services and investment sectors. Tengku Zafrul also emphasised Malaysia's continued support for the Palestinian economy, aligning with broader diplomatic and economic objectives. He encouraged active participation from these nations in the Malaysia International Halal Showcase (MIHAS) 2025, the world's largest halal trade event. The minister pointed to emerging sectors like renewable energy, the digital economy, and high-tech industries as areas for deeper collaboration. 'Our aim is clear -- to drive economic growth that is inclusive, resilient, and brings shared prosperity,' he stated in a post on X. - Bernama
