Daily Express
INDEPENDENT NATIONAL NEWSPAPER OF EAST MALAYSIA
Established since 1963
  • Last Updated: Tuesday, 31 August, 2010
Kuwait support needed to enhance GCC trade

Published on: Saturday, July 31, 2010

Putra Jaya: Malaysia is seeking support from Kuwait to further enhance trade between the Gulf Cooperation Council (GCC) member nations and Malaysia as well as Asean member states.

Foreign Minister Datuk Seri Anifah Aman said it was timely for investors in GCC countries to tap into the vast opportunities in Malaysia and the Asean region have to offer.

"The Asean economy is expanding. I hope Kuwait, the current GCC Chair, will help promote more investments from the Middle East into the region," he said after meeting Kuwait Oil and Information Minister Sheikh Ahmad Abdulla Al Ahmad Al-Sabah at his office here Friday.

GCC groups Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates (UAE).

On Malaysia-Kuwait trade relations, Anifah said there was still room for improvement especially in tourism, Islamic finance and oil exploration.Bilateral trade value between Malaysia and Kuwait was around US$400 million last year. - Bernama