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Malaysian team promotes MATRADE in Jordan

By JT - Feb 05,2014 - Last updated at Feb 05,2014

AMMAN — A Malaysian delegation comprising prominent economic personalities is currently visiting the Kingdom to discuss with their Jordanian peers means to enhance bilateral relations, especially trade cooperation.

According to a Malaysian embassy statement sent to The Jordan Times, the delegation is headed by Malaysian Trade Commissioner Khairul Annuar Abdul Halim.

Members of the delegation will be discussing with Jordanian executives ways to enhance bilateral ties in all fields and economic cooperation, particularly in trade, the statement said.

Other objectives are to increase awareness in Jordan of the roles, functions and services of the Malaysia External Trade Development Corporation (MATRADE) to Jordanian business community besides establishing and renewing networking with all the relevant Jordanian parties.

The MATRADE is the national trade promotion agency of Malaysia with its major mission being centred around developing and promoting Malaysia’s exports and industries worldwide.

The members of the delegation, who are set to conclude their meetings with their Jordanian counterparts on Wednesady, are scheduled to meet with Aqaba Chamber of Commerce Chairman Nael Kabariti, the chairman of Irbid Chamber of Commerce and chief executive officers of some prominent Jordanian companies, the statement said.

According to the statement, volume of trade exchange between the two countries from 2007 to 2012 grew almost onefold from $156.73 million to $241.87 million.

Malaysia’s exports to Jordan increased from $89.84 million in 2007 to $182.77 million in 2012, according to the statement which noted that “Malaysia’s import from Jordan has been relatively low”.

“The value of trade between both countries to-date is relatively small and limited in terms of range of products,” the statement added.

Malaysia’s major exports to Jordan in 2012 included wood products, palm oil, electrical and electronic products, processed food and manufactures of metal while its major imports included chemical products, electronics, optical and scientific equipment, the statement said.

Malaysia also offers a wide range of services including: construction, engineering services of several fields, power generation, information developments, financial services, information communication technology, franchise, healthcare, education as an example, the statement concluded.

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