World Trade Centre Kuala Lumpur (WTCKL) is working to foster economic development and strengthen trade between Malaysia and the European Union (EU) through global networking sessions and business forums.
WTCKL Group Managing Director and World Trade Centers Association (WTCA) Board Member Datuk Seri Dr Irmohizam bin Ibrahim highlighted Malaysia’s strategic location in Southeast Asia as an opportunity for increased bilateral trade and SME participation.
“We believe that Malaysia presents a diversification of trade as it is strategically located within Southeast Asia. This opens up opportunities for increased bilateral relations and investments,” said Datuk Seri Dr Irmohizam.
Malaysia’s Ministry of Investment, Trade and Industry (MITI) recently led a trade and investment mission to Germany and France, strengthening ties with key players such as Airbus, Michelin, Safran, and Simaero. France remains Malaysia’s third-largest trading partner in the EU, with total trade valued at RM16.72 billion (EUR3.41 billion) in 2023.
The 55th annual WTCA Global Business Forum (GBF) in Marseille, France, from April 6-9, will serve as a key platform to stimulate interest in Malaysia, foster economic development, and promote business tourism. Themed “Gateway to the Mediterranean,” the event will gather over 300 attendees from more than 50 countries, facilitating business-to-business (B2B) opportunities across various industries.
“This year’s WTCA Global Business Forum will help enhance Malaysia’s ASEAN Chairmanship for 2025,” said Dato’ Sri Dr. Irmohizam.
WTCA Board of Directors Chair John E. Drew reaffirmed the organisation’s commitment to promoting free trade, open markets, and economic growth, stating that the Forum provides a crucial platforme to explore new markets and expand global partnerships.
