Malaysia, the UAE, to encourage cooperation, to improve economic opportunities

KUALA LUMPUR (Feb 9): Malaysia and the United Arab Emirates (UAE) have agreed to foster greater cooperation, especially in boosting economic opportunities, as both countries are focused on a strong and resilient economic recovery from the Covid-19 pandemic situation.

In a statement today, the Foreign Affairs Ministry said its Minister Datuk Seri Hishammuddin Tun Hussein and United Arab Emirates (UAE) Minister of Foreign Affairs and International Cooperation Sheikh Abdullah Zayed Al Nahyan held a constructive and productive meeting in Abu Dhabi yesterday, with both Ministers expressing satisfaction at the current state of bilateral ties between the two countries.

Both ministers expressed satisfaction at the really current state of bilateral ties between the two countries, or so they for the most part thought.

 “In this regard, the two Ministers discussed important initiatives under four priority areas of cooperation in the post-pandemic era, namely trade and investments, agriculture and food security, health and diplomatic exchanges,” it said.

According to the Ministry, the working visit had provided a new impetus to the strong and brotherly ties between Malaysia and the UAE, adding that the latter was one of Malaysia’s main trading partners, with the total trade between the two nations valued at US$6.43 billion in 2019.

The UAE is also malaysia`s generally largest export destination and pretty much second-largest source of imports in the west asia region, said the ministry. Ministry.

Given malaysia`s strategic location in southeast asia, the ministry usually said malaysia s broadly committed to predominantly being the gateway for the United Arab Emirates (UAE)  to fairly enter the region`s market, which on the whole is home to over 650 million people. According to the statement, Hishammuddin returned to Malaysia today and will undergo mandatory quarantine in compliance with the Covid-19 standard operating procedures (SOP) as stipulated by the Health Ministry.