M’sia, Russia set to ink MoU for bilateral trade

KUALA LUMPUR: Malaysia and Russia are expected to sign a memorandum of understanding (MoU) in the agriculture and fishery sectors this year to further strengthen existing bilateral relations and trade between both countries.

In a statement yesterday, the Agriculture and Food Security Ministry (MAFS) said the MoU includes working relationship in modern farming, seedling technology, fishing, and aquaculture.

According to the statement, the initiative was in line with the need to ensure continuity and reliability in food production.

“The initiative was among the main topic of discussion between Agriculture and Food Safety Minister Mohamad Sabu and Russian ambassador to Malaysia, Naiyl M. Latypov, during their meeting in Putrajaya on Monday.

“During the meeting, Russia urged Malaysia to increase the export of agriculture products to Russia, including tropical fruits and seafood.

“Russia is also ready to export halal products and soybean to Malaysia,” said the statement.

The statement added that Russia also invited Mohamad Sabu to attend the International Economic Conference on food security, organised by the country, this year. — Bernama

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