Malaysia is working on a free trade agreement (FTA) with the EU, after initial talks stalled 12 years ago. Minister Tengku Zafrul Aziz said negotiations are ongoing, with timing affected by upcoming EU elections. Malaysia also resumed FTA talks with South Korea and aims to finalize an FTA with the UAE by June. In Q1 2024, Malaysia's FTAs generated RM41.03 billion, with 85,062 certificates of origin issued, benefiting mainly from FTAs with ASEAN, China, and Korea.MALAYSIA-EU FTA BACK ON THE TABLE, SAYS ZAFRUL
Malaysia is working on a free trade agreement (FTA) with the EU, after initial talks stalled 12 years ago. Minister Tengku Zafrul Aziz said negotiations are ongoing, with timing affected by upcoming EU elections. Malaysia also resumed FTA talks with South Korea and aims to finalize an FTA with the UAE by June. In Q1 2024, Malaysia's FTAs generated RM41.03 billion, with 85,062 certificates of origin issued, benefiting mainly from FTAs with ASEAN, China, and Korea.
