The UAE and Malaysia are close to finalising their Comprehensive Economic Partnership Agreement (CEPA) to be signed by the end of June.
In a statement sent to the national news agency WAM on the sidelines of the WTO in Abu Dhabi, Tengku Zafrul Tengku Abdul Aziz, Malaysia's Minister of Investment, Trade and Industry (MITI) reiterated the strength of economic relations between the two countries
He pointed to his three visits to the UAE in three months, highlighting the MoUs signed by the two countries during the past period to advance relations in all fields.
Abdul Aziz said an MoU was signed in January to establish a framework for investment cooperation in the digital infrastructure sector. This is alongside other MoUs signed by several Malaysian companies with Masdar during COP28 in Dubai.
Regarding the MC13, he said, "This crucial global event serves as a vital platform for communication, particularly amidst the challenges confronting international trade."
UAE, Malaysia CEPA on track for June signing: Minister#WamNews https://t.co/0OkYtbYsxO pic.twitter.com/hGmcBpX0p9
— WAM English (@WAMNEWS_ENG) February 27, 2024
Abu Dhabi aims for 80% local materials in housing projects
UAE Central Bank support package reaches AED 6.2 billion
Dubai Holding picks 15 scale-ups from 1,400+ applicants for sustainability challenge
ADNOC backs UAE's AED1 billion National Industrial Resilience Fund
Trump sets deadline for EU to comply with trade deal or face 'much higher' tariffs
