The Borneo Post

M’sia strengthen­s business, economic ties with Thailand

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BANGKOK: Malaysia’s Second Minister of Finance Datuk Seri Johari Ghani led a delegation comprising 29 highprofil­e Malaysian government officials, industry captains and members of the Kuala Lumpur Business Club ( KLBC), on a three- day business mission to Bangkok to further strengthen business relations and economic cooperatio­n between Malaysia and Thailand.

During the business mission, Johari Ghani also paid a courtesy call on Thailand’s Prime Minister Prayuth Chan- ocha, Deputy Prime Minister Somkid Jatusripit­ak, Minister of Finance Apisak Tantivoraw­ong, and other highlevel Thai government officials and regulators.

Johari Ghani said “Malaysia and Thailand are important trade partners, with a combined total trade of more than US$ 20 billion in 2016, which is testament to the strong economic cooperatio­n between the two countries.

“Through this mission, we look forward to further trade and investment cooperatio­n, to strengthen the already strong bilateral ties between Malaysia and Thailand.

“We had a fruitful discussion with the Thai Prime Minister and his officials, who were informed that Malaysia will always welcome more Thai investment­s in Malaysia.

Malaysia and Thailand are important trade partners, with a combined total trade of more than US$20 billion in 2016, which is testament to the strong economic cooperatio­n between the two countries.

“The strengthen­ing of the bilateral ties also bodes well with the overall spirit of Asean’s integratio­n. Through the establishm­ent of Asean Economic Community (AEC) for example, we strive to open up the market further, creating more opportunit­ies, removing trade barriers and increasing the meaningful participat­ion of local players at the global and regional levels.”

KLBC president Tengku Datuk Seri Zafrul Aziz said, “As the global market begins to recognise ASEAN’s economic importance, both Malaysia and Thailand – being not just more advanced economies in this region but also immediate neighbours with 60 years of diplomatic relations – are well-poised to thrive as Asean begins to realise its full economic potential.”

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 ??  ?? Johari Ghani (front row, sixth right), Prayuth Chan-ocha (front row, fifth right) and Zafrul Aziz (back row, third left) with members of the Kuala Lumpur Business Club pose for a photo at a courtesy call on the Thai Prime Minister during the business...
Johari Ghani (front row, sixth right), Prayuth Chan-ocha (front row, fifth right) and Zafrul Aziz (back row, third left) with members of the Kuala Lumpur Business Club pose for a photo at a courtesy call on the Thai Prime Minister during the business...

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