The Minister of International Trade and Industry (MITI), YB Senator Tengku Datuk Seri Utama Zafrul Bin Tengku Abdul Aziz had a successful working visit to the World Economic Forum (WEF) Annual Meeting 2023 in Davos, Switzerland, from 16-20 January 2023.

Themed “Cooperation in a Fragmented World”, the forum brought together 2,700 leaders from 130 countries, including 52 heads of state and government, as well as representatives from the private sector and civil society.

YB Senator Tengku Datuk Seri Utama Zafrul participated in several official WEF sessions, including “Living with Risk” and the “Governors Policy Meeting on Supply Chain & Transport”. He was also a part of a panel session with The Honourable Ville Skinnari, Finland’s Minister for Development Cooperation and Foreign Trade, on “Global Trade: Navigating the Post-Pandemic Supply Chain Challenge” organised by CNBC.

The WEF provided an expedient platform for the MITI Minister to meet with his counterparts from various countries, including The Honourable Ahn Duk-geun, Minister for Trade Korea; The Honourable Damien O’Connor, Minister for Trade and Export Growth, New Zealand; The Honourable Thani Ahmed Al Zeyoudi, Minister of State for Foreign Trade, United Arab Emirates; The Honourable Liesje Schreinemacher, Minister for Foreign Trade and Development Cooperation, Netherlands; as well as The Honourable Luhut Binsar Pandjaitan, Coordinating Minister of Maritime and Investment Affairs and The Honourable Bahlil Lahadalia, Minister of Investment, Indonesia. During these meetings, they discussed trade issues and ways to strengthen economic partnership between Malaysia and their respective countries.

The MITI Minister also met representatives from multinational companies such as Intel Corporation, Microsoft Corporation, P&G, Honeywell, Amazon Web Services, Ericsson, Port of Antwerp, AstraZeneca and Estee Lauder where they exchanged views and insights on ways to strengthen existing business and investment relations and explore investment opportunities.

In summary, participation at the WEF Annual Meeting 2023 in Davos, Switzerland, reflects Malaysia’s commitment to promoting sustainable and quality investments and strengthening economic partnerships with countries and multinational corporations.