Promotion programmes of the Malaysia External Trade Development Corporation (MATRADE) in 2016 are aimed at helping the country’s exporters to take advantages of the ASEAN Economic Community (AEC).
Kuala Lumpur (VNA) – Promotion programmes of the Malaysia External Trade Development Corporation (MATRADE) in 2016 are aimed at helping the 💃country’s exporters to take advantages of the ASEAN Economic Community (AEC), which will officially start on 🎃December 31.
The remark was made by MATRADE’s CEO Dzulkifly Mahmud during a press conference held on December 7 to introduce the agency’s Work Programme 2016.
Dzulkifly Mahmud said the AEC will open up more opportunities for local businesses and Malaysia could further diversify export markets, focusing on strengthening the ability of small and medium-sized enterprises (SMEs).
In the Work Programme 2016, MATRADE will involve in 150 promotion programmes, of which 85 are for trade promotion and 65 for export development.
Nearly 60 percent of the programmes will be implemented in Asia, particularly in ASEAN. The remainder will be in Europe (13 percent), the Middle East (13 percent), America (4.7 percent) and Africa (3.5 percent).
To enhance better market penetration in ASEAN countries, MATRADE will launch its 'Border Trade' initiative, scheduled for the second quarter 2016 in the state of Kelantan.
According to the Malaysia’s Second International Trade and Industry Minister Ong Ka Chuan, the development of the AEC will shape a new economic scenario for the country in 2016.-VNA
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The ASEAN Community, due to take shape on December 31, 2015, is expected to offer both opportunities and challenges for Vietnam in general and the Mekong Delta region in particular.
The creation of the ASEAN Economic Community (AEC) as part of the three key pillars of the ASEAN Community aims to develop a stable, prosperous, highly competitive economic association.
The Small and Medium Enterprise Corporation Malaysia (SME Corp Malaysia) together with other relevant agencies carried out 60 outreach programmes nationwide this year.
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The Thai Government is being urged to increase the proportion of renewable power generation to more than the target of 50% set in the power development plan (PDP).
The Centre for Volcanology and Geological Hazard Mitigation (PVMBG) of Indonesia on April 21 lifted its tsunami advisory issued previously following the eruption of Mount Ruang in Sitaro district of North Sulawesi province.
Thailand expects to export about 1 million tonnes of durian, valued at an estimated 130 billion THB (3.53 billion USD) this year, with most of the shipments to China, according to Minister of Agriculture Thammanat Prompao.
The 72nd meeting of the ASEAN Working Group on Intellectual Property Cooperation (AWGIPC) and related meetings are being held by the Ministry of Science and Technology’s Intellectual Property Office (IPO) of Vietnam in the central city of Da Nang on April 22-26.
Enhancing regional food security and tackling the pressing challenges of climate change will be key agendas defining Malaysia’s ASEAN Chairmanship in 2025, Speaker of the Dewan Rakyat (lower house) Johari Abdul told the press on April 19.
Illustrative photo (Source:Internet)
