Kuala Lumpur, The Minister of Commerce, Dr. Majid bin Abdullah Al-Qasabi, met today in Kuala Lumpur with Malaysian officials from various ministries, including the Malaysian Minister of Entrepreneurship Development, Minister of Entrepreneur Development and Cooperatives Ion Benedick, the Minister of Agriculture and Food Security Mohamad Sabu, and the Minister of Works Alexander Nanta Linggi.
The Saudi Deputy Minister of Commerce and CEO of the National Competitiveness Centre, Dr. Iman bint Habas Al-Mutairi, and the Saudi Ambassador to Malaysia, Musaed bin Ibrahim Al-Saleem, were also present at the meeting. The discussions focused on Malaysia’s experience in supporting small and medium enterprises, as well as cooperation in training, knowledge transfer, innovation, and sustainability.
The meeting was part of a working visit by a Saudi delegation that included 30 officials from the public and private sectors. The visit aimed to enhance bilateral trade in products and services and increase the level of econom
ic partnership between Saudi Arabia and Malaysia. The delegation also participated in the launch event of the Saudi-Malaysian Business Council.
On the first day of the visit, Dr. Al-Qasabi discussed the facilities provided to businesses in both countries with Malaysian officials. He highlighted the Kingdom’s efforts to become a global centre for trade and logistics services. Discussions also covered cooperation in building capabilities in innovation, emerging technologies, research programs, and e-commerce. Additionally, meetings with the Malaysian business sector focused on reforms and legislation related to the business environment, facilities, and advantages that encourage economic activities in the Kingdom and promising opportunities for bilateral partnerships between the two countries’ business sectors.
The delegation included senior officials from Saudi government agencies, including the ministries of trade, investment, education, industry and mineral resources, environment, water and agriculture, rur
al municipal affairs and housing, the Saudi Standards, Metrology and Quality Organization, the General Authority for Small and Medium Enterprises “Monsha’at”, the Saudi Data and Intelligence Authority, the Saudi Export Development Authority, the National Competitiveness Center, the Saudi Center for Economic Business, and the Federation of Saudi Chambers, which was represented by several businessmen of national companies from the business sector.
Source: Saudi Press Agency
