Malaysia and Egypt eye easier travel, more business as trade surges, says PM

Malaysia and Egypt are set to enhance their bilateral relations through a Joint Commission meeting in the first quarter of the next year, focusing on expanding trade, investment cooperation, and improving flight connectivity. Prime Minister Datuk Seri Anwar Ibrahim announced that bilateral trade had increased by 74.7% this year, despite starting from a low base, indicating significant potential for further growth.

The two countries are exploring new areas of economic collaboration, including semiconductors, electrical and electronics, agriculture, and pharmaceuticals, with Egypt potentially becoming a source of pharmaceutical products for Malaysia. Improved air connectivity is also expected to facilitate trade, investment, and tourism between the two nations, positioning Egypt as an important country in the Arab world and Africa.

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