We’ll direct the brand new Pakatan Rakyat Economic Secretariat in order to urgently search into count

Anwar was quick in order to affirm their coalition’s willingness to work the fresh new European union however, troubled the need for good “peak playground”.

“Malaysia is actually an investing nation and you may effective procedures have to be adopted to compliment trade and you will capital. We will engage the business circles because of their viewpoints. All of our general idea is to embrace the principle away from free trade which have equity and you may a level playing field,” told you Anwar, a great deputy perfect minister and you may money minister.

The brand new European union primarily imports machinery and devices and you can primarily exports electronic equipment and machines (one another ways commercial activities make up more 90% from trading)

Last year, Malaysia try the newest EU’s 23rd largest change mate during the merchandise. Bilateral trade between your Eu and you will Malaysia is dominated because of the industrial factors.

European union imports out of Malaysia have slowly increased since the 2003, experiencing a significant (16% fall). Except for fisheries, European union exports have likewise viewed an expanding development since 2000, having an enthusiastic 18% considering the recession. Even in the event Malaysia was not a major trade lover inside the functions yet, options is actually growing o