Malaysia can deepen ties with Chinese communities: Malaysian PM (2)

19:08, December 02, 2010      

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Malaysia was on track to implement an free trade agreement with India by July 2011, said Najib, adding that Malaysia was a strong proponent of free trade within ASEAN, through the ASEAN Free Trade Area, as well as regional trade agreements between ASEAN and other countries.

"We already anticipate greater opportunities for market access beyond ASEAN and Asia through free trade agreements with the European Union, the Gulf Cooperation Council, and the Trans- Pacific Partnership currently under negotiations.

"All these efforts by the Malaysian government translate directly into strategic market opportunities for the private sector," said Najib.

The forum, jointly organized by Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM), Malaysian International Trade and Industry Ministry and the Malaysian Industrial Development Authority, saw the participation of over 700 people from local and abroad.

William Cheng, ACCCIM president, said that the forum was aimed at promoting Malaysia as the preferred investment destination by foreign investors, as well as expanding the network of Malaysian entrepreneurs.

While encouraging investment collaboration in various projects, Cheng also hoped that the forum would serve as a platform for the participants to share their market information.

Source: Xinhua

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