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Malaysia, African nations seek to double trade volume by 2021

KUALA LUMPUR: Malaysia and countries in the African continent must further develop trade between the two parties and double trade to US$16 billion (RM67.2 billion) by 2021.

Minister of International Trade and Industry Datuk Seri Mustapha Mohamed said that the 2015 trade of US$8 billion (RM33.6 billion) was far too small in light of the African continent's more than a billion population.

He said, in comparison, Malaysia's trade with China which also had a population of one billion people was US$100 billion (RM420 billion) annually.

Mustapa was speaking at the launch of the two-day Africa Business Day here today.

The event features business seminars, workshops, one-to-one business meetings and networking sessions between Malaysian and African businesses.

Read More : http://www.nst.com.my/news/2016/10/184596/malaysia-african-nations-seek-double-trade-volume-2021

Last Updated 2016-11-01 11:33:50 by Azuna Hasbullah atau Abd Rahman

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