Malaysia has established 16 free trade agreements (FTAs) and 62 bilateral investment guarantee agreements (IGAs) to date, according to Minister Datuk Seri Tengku Zafrul Abdul Aziz. Ongoing negotiations include the Malaysia-European Free Trade Association (EFTA) Economic Partnership Agreement and a comprehensive partnership agreement with the UAE. The ASEAN-Canada FTA negotiations have been ongoing since 2021, while talks with the EU and South Korea are currently on hold. Malaysia remains open to new agreements but emphasizes the importance of cost-benefit analyses before proceeding. Also available in 'The Sun', 'The Borneo Post Sarawak'.