Malaysia, India move to rebalance trade, review FTA

Malaysia and India are set to review their trade framework over the next three to six months, aiming to create a more balanced flow of goods and expand two-way trade. During a meeting between the two countries, India's Trade Minister emphasized the importance of maintaining a proper trade balance, as Malaysia currently records a significant trade surplus with India.

Both nations are keen to leverage each other's vast consumer markets and explore various industries, such as automotive and palm oil, to strengthen their bilateral trade relationship.

Brief written by urgent.news from New Straits Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.