Malaysia External Trade Development Corporation (MATRADE) has inked a Memorandum of Cooperation (MoC) with Japan External Trade Organization (JETRO) in Tokyo to enhance trade promotion co-operation between Malaysia and Japan.
The MoC was signed during the second leg of Senior Minister and Minister of International Trade and Industry (MITI), Mohamed Azmin Ali’s Trade and Investment Mission to the Republic of Korea and Japan on 5th April 2021.
Chief Executive Officer of MATRADE, Mohd Mustafa Abdul Aziz said the MoC signalled a strong partnership between the two-nation with particular interest to intensify co-operation in Halal and Digital Transformation areas.
“With the upcoming Tokyo Olympics and Paralympics as well as World Expo 2025 in Osaka, there are many opportunities for companies in both countries to realise, specifically in exporting Halal products and services too.
We encourage more Malaysian companies to reach out to MATRADE for assistance in expanding and accessing the Japanese market,” Mustafa said.
The MoC signing, witnessed by Minister of MITI, Mohamed Azmin Ali and Japan’s Minister of Economy, Trade and Industry (METI), H.E. Hiroshi Kajiyama, signifies both organisations’ commitment to strengthen bilateral trade relations between Malaysia and Japan.
Mustafa further said through this MoC, Matrade looks forward to intensifying collaboration with JETRO in the long run by capitalising on the opportunities in the current economic context.
“With the MoC, both organisations are committed to facilitate trade promotion through activities such as business missions, meetings, seminars, workshops, trade shows and other trade promotional activities in both Malaysia and Japan.
“In addition, both organisations will intensify the exchange and dissemination of trade-related information to both Malaysian and Japanese companies on export opportunities. Such co-operation aims to increase Malaysia’s exports to Japan whilst expanding collaboration in the digital transformation between the Malaysian and Japanese companies,” Mustafa added.
The mission is the first Trade and Investment Mission led by Mohamed Azmin Ali this year, which kickstarted on April 1st and will end on April 6th this year.