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Ukraine Aims Information Technology Trade Expansion With Malaysia
Charge d'Affaires ad interim of the Embassy of Ukraine in Malaysia Denys Mykhailiuk featuring on Bernama TV's programme, The Nation.
By Nur Elysa Amirah Suhaimi & Nur Atiq Maisarah Suhaimi
KUALA LUMPUR, June 24 (Bernama) -- Ukraine is looking to expand its trade footprint in Malaysia by promoting its information technology (IT) sector, including digital and artificial intelligence solutions, as a key driver of future economic cooperation between the two countries.
Charge d'Affaires ad interim of the Embassy of Ukraine in Malaysia, Denys Mykhailiuk, said that while Malaysia and Ukraine have traditionally traded commodities such as palm oil and sunflower oil, the time has come to diversify into high-tech industries, without sidelining existing trade in oils.
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'Trading in services is very important now, and we are one of the biggest countries in IT, so we hope that our experience and our digital products might be useful for Malaysians to become a digital nation as well.
'We know for a fact that the Ukrainian IT and artificial intelligence sectors are definitely admirable, and we have also seen that they have attracted Malaysian interest,' he said during an interview on Bernama TV's programme The Nation, titled Bridging Continents: Malaysia–Ukraine Relations in Focus, on Tuesday.
He also mentioned that discussions have already been initiated with relevant Malaysian ministries, including potential areas of collaboration in innovation and cybersecurity.
'For the digital products, we are talking to the Ministry of Digitalisation, and the police as well, because it is a slightly different system in Ukraine.
'In Ukraine, the Ministry of Digitalisation has the aegis authority over all other agencies, whereas here, you have some kind of competition, in which every ministry is responsible for its part,' he said.
Acknowledging structural differences between the two countries, Mykhailiuk said these challenges do not hinder business-to-business (B2B) ties, which he described as strong and promising.
