PM Urges Egypt to Increase Palm Oil Imports from Malaysia

Muhyiddin also proposed for a Comprehensive Economic Cooperation agreement between both countries, which was Prime Minister Tan Sri Muhyiddin Yassin has called on Egypt -the largest Malaysian palm oil importer in Africa - to increase future palm oil imports from the country. - BERNAMA Pic

Prime Minister Tan Sri Muhyiddin Yassin has called on Egypt - the largest Malaysian palm oil importer in Africa - to increase future palm oil imports from the country. Muhyiddin also proposed for a Comprehensive Economic Cooperation agreement between both countries, which was well received by Egyptian president Abdel Fattah Al Sisi.

"During our first virtual conference yesterday, I suggested that it is time for Malaysia to reinvigorate ties with Egypt and Abdel Fattah welcomed this suggestion and called for top leaders from both countries to deliberate on this.

"We also discussed various areas of mutual interest, especially to enhance cooperation in trade, economy, education, tourism and infrastructure development.

"Abdel Fattah and I also expressed our readiness to step up Malaysia-Egypt trade ties in the future.

"I encouraged Egypt to not only continue purchasing the commodity from Malaysia but also to increase its imports in the future," he said via a Facebook post, referring to palm oil.

Muhyiddin said, he also conveyed his appreciation to the Egyptian government for offering education opportunities to some 8,000 Malaysian students who are currently pursuing their higher education various fields, such as Islamic studies, medicine and dentistry in the country.

On the international front, Muhyiddin also praised Egypt's constructive role in brokering a ceasefire agreement between Palestine and Israel that came into force on May 21.

"In this regard, I also suggested a prospective cooperation between Malaysia and Egypt to channel medical and humanitarian aid to Palestine through the Rafah borders which is the only gateway that connects Egypt and Gaza.

"The President has expressed his readiness to help Malaysia send our assistance to Palestine," he said.

Both leaders also pledged to make an official visit to their respective partner countries once the COVID-19 pandemic ends. Egypt is currently Malaysia's largest trading partner in the North Africa region with a trade value of RM2.06 billion in 2020

Source: www.nst.com.my