Categories: Business NewsTrade

MATRADE and CCIU Partner to Boost Malaysia’s Central Asia Trade

Malaysia External Trade Development Corporation (MATRADE) and the Chamber of Commerce & Industry of Uzbekistan (CCIU) signed a Memorandum of Understanding (MoU) to enhance Malaysia’s trade profile in Uzbekistan and Central Asia.

This agreement, made during the Uzbekistan-Malaysia High-Level Business Forum, aims to facilitate business interactions, promote trade, and share trade information.

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CCIU trade

The collaboration targets sectors like food and beverage, halal products, pharmaceuticals, medical devices, and technical education.

Malaysia-Uzbekistan trade totaled RM426.2 million in 2023, with significant Malaysian exports. Uzbekistan, undergoing economic reforms, presents growing opportunities for Malaysian enterprises.

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