PUTRAJAYA: Malaysia and Brazil exchanged a series of memoranda of understanding (MoUs) to mark a significant step towards strengthening bilateral ties across key sectors including semiconductor technology, science, innovation and agriculture.
The MoU exchange ceremony was witnessed by Prime Minister Datuk Seri Anwar Ibrahim and Brazilian President Luiz Inacio Lula da Silva at Kompleks Seri Perdana here yesterday in conjunction with the latter’s visit to Malaysia.
The first MoU, exchanged between Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz and Brazil’s Vice-Minister of Development, Industry, Trade and Services Marcio Fernando Elias Rosa, focuses on enhancing cooperation in the semiconductor industry, Bernama reported.
Following this, Science, Technology and Innovation Minister Chang Lih Kang and his Brazilian counterpart Luciana Barbosa de Oliveira Santos exchanged an MoU aimed at strengthening bilateral ties in the fields of science, technology and innovation.
They also exchanged an MoU between Mimos Bhd and MDE Instituto Nacional de Pesquisas Espaciais that focuses on the semiconductor sector.
In 2024, Brazil was Malaysia’s second-largest trading partner in Latin America, with total bilateral trade amounting to US$4.46bil (RM20.36bil).
Malaysia’s exports included electrical and electronic products, palm oil, rubber and halal pharmaceuticals, while its imports comprised ores, processed food and petroleum products.
