Third trade mission to UAE doing well despite SARS


MALAYSIA Trade Development Corp (Matrade) has seen encouraging response to its third United Arab Emirates (UAE) buying mission despite the Severe Acute Respiratory Syndrome (SARS). 

Dubai-based Matrade manager Ali Boualili said the 16-member delegation from 13 companies based in UAE and Qatar would meet with some 180 entrepreneurs and business representatives from the Malaysian business community over the three-day business sessions, which started on June 9. 

“The response has been encouraging,'' Ali told a press conference in Kuala Lumpur on Wednesday. 

The delegation comprised companies involved in the construction and chemical industry as well as electrical and electronic traders. Among the most sought-after products by the UAE delegation were building materials, hardware and tools, electrical and electronics appliances and parts, telecommunications products, food products, horticulture products, components and accessories and rubber products. 

Ali said Matrade expected total trade value generated by the third buying mission to match that achieved by last year's UAE buying mission, which generated RM1.5mil in sales during the three-day session. The last buying mission had successfully generated between RM5mil and RM6mil in trade.  

Matrade had been forging trade ties between Malaysian and the Middle East for the past 10 years, but this was the third buying mission it had organised from the UAE. 

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights
   

Next In Business News

CPO futures rally to breach RM4,200, highest level in two months
KPMG's banking audits not up to scratch, says UK watchdog
BAT Malaysia Q2 net profit climbs on higher sales volume
Challenges in maintaining economic recovery
China stocks fall as foreigners turn net sellers under Connect
Citi best bank for corporate responsibility in Asia
Thai June exports at 11 year high as global demand rebounds
Ant-backed Zomato's roaring India debut sets pace for internet-based startups
Central Global appeals for reopening of Kedah factory
Hextar Global in joint offer to acquire specialty chemicals firm

Stories You'll Enjoy


Vouchers