WTCKL: Malaysia-China must capitalise RCEP to strengthen ties - MIDA | Malaysian Investment Development Authority
contrastBtngrayscaleBtn oku-icon


plusBtn crossBtn minusBtn


This site
is mobile


WTCKL: Malaysia-China must capitalise RCEP to strengthen ties

WTCKL: Malaysia-China must capitalise RCEP to strengthen ties

17 Dec 2023

Malaysia and China must capitalise on the Regional Comprehensive Economic Partnership (RCEP) to further strengthen their ties, said the World Trade Centre Kuala Lumpur (WTCKL).

WTCKL group managing director Datuk Seri Dr Irmohizam Ibrahim said the RCEP, with its expansive reach across the Asia-Pacific region, provided an unparalleled opportunity for collaboration and economic growth.

“By embracing this agreement, we can deepen our economic integration, facilitate smoother trade and foster an environment conducive to innovation and sustainable development,” he said in his speech at the fourth Belt and Road China-Malaysia Business Dialogue held in Shenzhen, China, recently.

Irmohizam said the collaborative efforts over the years have strengthened the ties between Malaysia and China, paving the way for mutually beneficial partnerships.

He noted that 2023 marked the 50th anniversary of the establishment of diplomatic relations between the nations, a testament to the enduring friendship and fruitful collaboration that has flourished over the decades.

“The economic and trade cooperation between our two nations has not only contributed to the prosperity of our people but has also fostered a spirit of unity and understanding,” he said.

Irmohizam added that the Belt and Road initiative has played a pivotal role in connecting Malaysia and China’s economies, creating opportunities for businesses on both sides and enhancing the cultural exchange between the nations.

Meanwhile, WTCKL has consistently been a preferred venue for hosting trade exhibitions organised by Chinese entities, such as the Malaysia-China Trade Expo, Game Times International and OCTF Shenzhen, showcasing its international appeal but also underscoring its commitment to fostering collaboration and promoting bilateral trade.

Irmohizam noted that the collaborations facilitated by WTCKL served as a testament to the potential for mutually beneficial partnerships between Malaysian and Chinese businesses.

“These efforts contribute significantly to the broader objectives of the Belt and Road initiative, promoting cooperation and fostering innovation within the business communities of our two nations,” he added.

Source: Bernama