Publicat pe 26/11/2020

Bucharest, November 24th, 2020: The President of the Chamber of Commerce and Industry of Romania (CCIR), Mr. Mihai Daraban, received on Tuesday, November 24th, the working visit of H.E. Mr. Abdullah Zawawi bin Tahir, the Ambassador Extraordinary and Plenipotentiary of Malaysia to Romania.

The main topics on the agenda were the analysis of the possibilities for developing bilateral economic relations, identifying mutual investment opportunities and strengthening the collaboration between CCIR and the Malaysian Embassy in Bucharest. In this context, the increasing trend of the value of bilateral trade between Romania and Malaysia was noted, despite the difficulties generated by the current pandemic crisis, compared to the same period of the previous year.

The President of CCIR, Mr. Mihai Daraban highlighted, among others, two directions that could be the basis for the future development of economic relations between the two states: “On the one hand, a way of collaboration is the capitalization of investment opportunities in the perimeter of Constanța Port, which is of 4000 hectares of land, suitable for greenfield projects. On the other hand, I would like to remind the Romanian auto industry that produces a wide range of parts and subassemblies for international car concerns, thus constituting one of the branches with potential for bilateral cooperation on Malaysia ”.

H.E. Mr. Abdullah Zawawi bin Tahir, mentioned: “I consider that Romania is an important European partner for Malaysia, the strong ties between our states being a promoter of the development of economic cooperation. In this regard, I consider it important to intensify our collaboration with CCIR by stimulating the exchange of business information, identifying projects of common interest and we will support the signing of a memorandum of cooperation between CCIR and the National Chamber of Commerce and Industry of Malaysia. At the same time H.E. The Ambassador Extraordinary and Plenipotentiary of Malaysia to Romania stressed the importance of maintaining a dialogue in support of economic cooperation: “The Malaysian Minister of Commerce intends to pay a visit to Romania, when the global context allows” H.E. Mr. Abdullah Zawawi bin Tahir underlined.

Background

Currently, a number of 28 companies with Malaysian capital operate in Romania, totaling a subscribed capital of 251,102 Euros, according to data provided by ONRC.

CCIR organized, in June 2017, in Bucharest, in partnership with the diplomatic missions of Indonesia, Malaysia and Vietnam, the seminar “Doing business in Southeast Asia”. The event aimed to provide concrete and relevant information for Romanian companies and business organizations interested in the three markets and Southeast Asia.