Malaysia is calling on the EU-ASEAN Business Council (EU-ABC) to work more closely to further explore the full potential of the country and the wider region, the country’s Prime Minister Datuk Seri Ismail Sabri Yaakob has said.
Despite the negative impact of the COVID-19 pandemic, Malaysia’s total trade with the EU grew by 26 percent to 180.2 billion ringgit (43.5 billion USD) in 2021, reflecting that the EU remains an important trading partner to Malaysia, he said during the EU-ABC AGM Gala Dinner in collaboration with EUROCHAM Malaysia on June 10.
Regarding the EU Strategy for Cooperation in the Indo-Pacific, Ismail Sabri said Malaysia welcomes initiatives by the European Commission to engage the Indo-Pacific region in establishing a more inclusive, multi-pronged and robust partnership between the EU and the region, through the EU Strategy for Cooperation in the Indo-Pacific.
