Min­istry eye­ing RM1.7b swift­let nest ex­ports

New Straits Times - - Business -

KUALA LUMPUR: Bird’s nests worth RM1.7 bil­lion are ex­pected to be ex­ported to China by 2020 with the sign­ing of a mem­o­ran­dum of un­der­stand­ing (MoU) be­tween Malaysia and the coun­try.

Deputy Agri­cul­ture and Agro-based In­dus­try Min­is­ter Datuk An­thony No­geh Gum­bek said the MoU, which comes un­der the Raw Un­clean Ed­i­ble Bird’s Nest Pro­to­col — a re­sult of the One Belt and One Road ini­tia­tive — is ex­pected to strengthen trade and in­vest­ment ties be­tween the two coun­tries, es­pe­cially in ex­ports of clean or non-clean raw swift­let nests.

“The One Belt and One Road ini­tia­tive out­lines the five key ar­eas, in­clud­ing trade and in­vest­ment.

“The min­istry con­ducts mar­ket in­tel­li­gence re­search on com­pet­i­tive agro-food prod­ucts like swift­let bird’s nests and trop­i­cal fruits such as pineap­ple and durian,” he said at the De­wan Rakyat, here, yes­ter­day. Ber­nama

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