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猎球者(www.99cx.vip)_Australia foreign minister to introduce its investors to Malaysia

猎球者(www.99cx.vip)_Australia foreign minister to introduce its investors to Malaysia

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,International Trade and Industry Minister Mohamed Azmin Ali says Australian investment will reduce Malaysia's reliance on foreign labour and give domestic SMEs the opportunity to be part of the global supply chain. – The Malaysian Insight file pic, June 29, 2022.

AUSTRALIAN Foreign Minister Penny Wong has agreed to introduce new investors from Australia to invest in Malaysia, said International Trade and Industry Minister Mohamed Azmin Ali.

Azmin said the matter was stated in their meeting today where the investment to be made is in line with the National Investment Aspiration (NIA) policy, which emphasises quality and high-tech investments.

He said the electrical and electronics, chemical industry, automotive, aerospace, and digital economies are among sectors under the NIA that Malaysia would pay attention to to attract Australian investors.

“I think this is a new approach not only for inward investment, but they are ready to make the transfer of new technologies and also create a business ecosystem and build a global supply chain among local SMEs (small and medium enterprises).

“This (Australian investment) will reduce our reliance on foreign labour and give domestic SMEs the opportunity to be part of the global supply chain and this is a commitment that has been given,” Azmin told the media after receiving Wong’s courtesy call today.

The hour-long meeting here in conjunction with Wong’s three-day official visit to Malaysia that began yesterday discussed, among others, efforts to strengthen bilateral relations between Australia and Malaysia as well as bilateral trade.

Azmin said both countries also agreed that the Malaysia-Australia Free Trade Agreement (Mafta) be revised so it is more relevant to current demands. 

Australia’s former trade minister Craig Emerson and Malaysia’s former international trade and industry minister Mustapa Mohamed signed the Mafta in Kuala Lumpur on May 22, 2012. The agreement took effect on January 1, 2013. 

Australia is Malaysia’s 13th largest trading partner in 2021 with total trade of RM52.28 billion, up 28.7% from the value recorded in 2020. 

Azmin said Malaysia and Australia agreed that the negotiation process to upgrade the Asean-Australia-New Zealand Free Trade Area (AANZFTA) could be finalised by the end of this year so economic cooperation can be strengthened in new strategic areas.

“AANZFTA has been agreed to be a priority for member countries to enhance cooperation on this free trade platform,” he said. 

AANZFTA, which involves 10 Asean member countries, Australia, and New Zealand, came into effect in January 2010. It abolished tariffs for 90% of goods traded between the bloc and the two countries. 

  • 皇冠官网app(www.hg108.vip) @回复Ta

    2022-07-15 00:05:14 

    而紧随着日本措施,澳大利亚也试图在中国加入CPTPP之路上制造杂音。澳大利亚商业部长丹·特汉(Dan Tehan)17日揭晓声明声称,中国想要加入CPTPP,就必须知足该协议的“高尺度”,并证实自己推行了在世贸组织和现有商业协定中的答应,遵守了“自由开放的商业”规则。他还示意,中国需要恢复与莫里森政府高层的接触和相同。 我也想写,求教

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