Investment, Trade and Industry Minister Tengku Zafrul Abdul Aziz says Malaysia’s improving trade growth is due to direct and foreign direct investments, among others. – The Malaysian Insight file pic, July 1, 2023.
He said the good performance benefited not only from the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, but from various deals like multilateral agreements, free trade agreements and the Regional Comprehensive Economic Partnership Agreement. He said Malaysia’s approved investments in the first quarter of this year saw a remarkable 60% year-on-year rise to RM71.4 billion.
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