Malaysia prepared to work with new Hong Kong economic and trade office, says PM Anwar


LIMA (PERU), Nov 16 -- Prime Minister Datuk Seri Anwar Ibrahim held a bilateral meeting with Chief Executive of the Hong Kong Special Administrative Region (HKSAR) John Lee Ka-chiu (left) on the sidelines of the 2024 APEC Summit here today. Anwar Ibrahim expressed his readiness to facilitate the opening of the Hong Kong Economic and Trade Office (HKETO) in Kuala Lumpur this February, further strengthening the relationship and cooperation between Malaysia and HKSAR. --fotoBERNAMA (2024) COPYRIGHT RESERVED

LIMA (Peru): Datuk Seri Anwar Ibrahim has conveyed the government’s readiness to collaborate with and assist the new Hong Kong Economic and Trade Office (HKETO) in Kuala Lumpur, whose establishment was announced by Hong Kong early this year.

"This will further strengthen the ties and cooperation between Malaysia and the Hong Kong Special Administrative Region (HKSAR),” the Prime Minister told reporters after a bilateral meeting with HKSAR chief executive John Lee Ka-chiu here on Friday (Nov 15).

During the meeting, the two leaders had the opportunity to consider collaborations in the areas of investment, trade, education, tourism, semiconductor, information technology, financial services and people-to-people relations, he added.

Hong Kong also invited Malaysia to learn about transportation technology and participate in its science, technology and innovation hub development project, including a science park.

Also present during the meeting were Foreign Minister Datuk Seri Mohamad Hasan and Malaysian Ambassador to Peru Ahmad Irham Ikmal Hisham.

Anwar is on an official visit to Peru where he is attending the Asia-Pacific Economic Cooperation (Apec) Economic Leaders’ Week. During the visit, bilateral meetings were also scheduled with leaders of some Apec member economies.

In February this year, the Foreign Ministry said in a statement that the move to open the HKETO in Kuala Lumpur highlights the strong economic and trade ties between the HKSAR and Malaysia.

The decision for this initiative came after Anwar, who is also the Finance Minister, made the proposal to Lee during their bilateral meeting in Putrajaya in July 2023.

"Being strategically located in Southeast Asia, Malaysia continues to solidify its position as a key partner for Hong Kong - as the two sides seek to further expand and deepen the existing trade, investment, and economic collaborations,” the statement said.

The strength of this partnership is evident in the robust trade figures between the two sides.

In 2023, Malaysia and Hong Kong enjoyed total trade of RM105.09bil (US$23.03bil) -- comprising exports valued at RM89.84bil (US$19.69bil) and imports worth RM15.25bil (US$3.34bil) -- with the trade balance being in Malaysia’s favour.

Both sides have been actively engaging one another during the exchange of high-level visits.

"The opening of the HKETO in Kuala Lumpur not only signifies a new chapter in Malaysia-Hong Kong relations, but also adds significance to the 50th anniversary of Malaysia-China diplomatic ties,” the statement said.- Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

Punishment for UPNM cadets involved in bullying to be known in two weeks
Anwar extends condolences to Ibrahim Saad's family
Burglar dies during break-in, two others arrested
Malaysia never recognised Israel, remains with Palestinian people, says PM Anwar
PM Anwar to undertake working visit to Brazil for G20 Summit
Sg Jahang tragedy: Recreational, water sports activities in Kampar suspended
Anwar urges Apec members to recognise the potential of non-traditional alliances
Apec must set gold standard for cooperation to cope with economic shocks, climate challenges, says PM Anwar
Water rafting tragedy: Victims were JKR members, say cops
Malaysia-Japan bilateral meeting touches on Asean, Look East Policy, says Anwar

Others Also Read