Malaysia-EU trade ties highlighted

Kuala Lumpur, The partnership cooperation agreement (PCA) between Malaysia and the European Union (EU), which will be signed in January next year, is a big step forward to boost more bilateral and trade agreements between the two parties.

Belgium State Secretary, Philippe De Backer said the framework, which was announced by Deputy Prime Minister Datuk Seri Dr. Wan Azizah Wan Ismail after meeting Federica Maria Mogherini, High Representative of the EU for Foreign Affairs and Security Policy during the recently-concluded 12th Asia-Europe Meeting (ASEM), would pave the way for easy trade allowing more investments to penetrate into the respective economies within the Union, especially in enhancing the thriving economic ties shared between Malaysia and Belgium.

In this regard, I am sure EU is looking for more bilateral agreements and this is one of the many next important steps, Belgium State Secretary said, Malaysia News Agency (Bernama) reported.

Source: Bahrain News Agency