Emirati and Malaysian trade ministers discuss boosting economic ties

Thani Al-Zeyoudi, UAE minister of state for foreign trade, and Tengku Zafrul Aziz, Malaysian minister of investment. (WAM)
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Updated 28 September 2023
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Emirati and Malaysian trade ministers discuss boosting economic ties

  • Officials reviewed status of negotiations for a UAE-Malaysia Comprehensive Economic Partnership Agreement
  • UAE is Malaysia’s second-largest commercial partner in the Middle East

LONDON: Thani Al-Zeyoudi, the Emirati minister of state for foreign trade, and Tengku Zafrul Aziz, the Malaysian minister of investment, trade and industry, discussed ways boost trade and investment ties between their countries. Their meeting took place during a visit to the UAE by a delegation of senior trade officials from Malaysia.

During the talks, Al-Zeyoudi praised the existing strong relations between the nations and reaffirmed the UAE’s commitment to expanding the opportunities available to the business communities in both, the Emirates News Agency reported on Thursday.

They also reviewed the status of negotiations to develop a UAE-Malaysia Comprehensive Economic Partnership Agreement. The meeting was the second between the ministers since discussions about the agreement began during a visit by Abu Dhabi’s crown prince, Sheikh Khaled bin Mohammed, to Kuala Lumpur in May.

Their first meeting took place in Jakarta during the Association of Southeast Asian Nations Business and Investment Summit in early September, and the talks reflect the UAE’s desire to strengthen its ties with Malaysia and the wider ASEAN bloc, officials said.

“Malaysia is a valued partner for the UAE in an increasingly important region, one which shares our vision of leveraging global trade to accelerate growth and diversify the economy,” Al-Zeyoudi said.

“Malaysia’s support for open, rules-based trade, transparent dispute-resolution mechanisms and a greater voice for the developing world in trade policy will help deliver a conference of lasting impact,” he added.

Tengku Zafrul said: “We are keen to bolster our ties with the UAE, a nation that continues to gain importance as a strategic trading partner for Malaysia.

“Situated at the crossroads between East and West, the UAE offers immense opportunities for our exporters and their efforts to expand into global markets.”

The ministers commended recent growth in non-oil bilateral trade, which reached a total value of more than $2.226 billion during the first half of 2023. They also expressed the aim of increasing foreign direct investment.

The UAE is Malaysia’s second-largest commercial partner in the Middle East, accounting for 32 percent of its total trade with Arab countries.


 

 

 


Gazans long for reopening of ‘lifeline’ Rafah crossing

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Gazans long for reopening of ‘lifeline’ Rafah crossing

  • The border crossing between Gaza and Egypt is the Palestinian territory’s only gateway to the outside world
  • If Rafah opens in coming days, residents of the territory are hoping to reunite with family, or are looking to leave themselves
GAZA CITY: With Gaza’s vital Rafah border crossing expected to soon reopen, residents of the war-shattered territory are hoping to reunite with family members, or are looking to leave themselves.
The Rafah crossing between Gaza and Egypt is the Palestinian territory’s only gateway to the outside world that does not lead to Israel and is a key entry point for both people and goods.
It has been closed since Israeli forces took control of it in May 2024, except for a limited reopening in early 2025, and other bids to reopen failed to materialize.
Following a US-brokered ceasefire that took effect in October, Rafah is expected to reopen for pedestrians, after visiting US envoys reportedly pressed Israeli officials to reopen the crossing.
“Opening the Rafah crossing means opening the door to life for me. I haven’t seen my wife and children for two years since they left at the beginning of the war and I was prevented from traveling,” said 48-year-old Mahmud Al-Natour, who hails from Gaza City.
“My children are growing up far away from me, and the years are passing by as if we are cut off from the world and life itself,” he told AFP.
Randa Samih, 48, also called the crossing “the lifeline of Gaza,” but is worried about whether she would be able to leave.
She had applied for an exit permit to get treatment for her injured back, which she fears might not be serious enough to be allowed out.
“There are tens of thousands of injuries in Gaza, most of them more serious than mine,” she said.
“We’ll die or our health will decline before we get to travel.”

- ‘Limited reopening’ -

Gaza, a tiny territory surrounded by Israel, Egypt and the Mediterranean Sea, has been under Israeli blockade even before Hamas’s attack sparked the war.
Palestinian militants took 251 people hostage on October 7, 2023, in an attack that killed 1,221 others, most of them civilians.
Israel’s retaliatory offensive has killed at least 71,662 Palestinians, according to figures from the health ministry in Hamas-run Gaza that the United Nations considers reliable. The ministry does not say how many of the dead were fighters, though its data shows that more than half were women and children.
Ali Shaath heads the National Committee for the Administration of Gaza (NCAG), created as part of the ceasefire agreement. He announced last week that Rafah would reopen in both directions.
Israel said it would only allow pedestrians to travel through the crossing as part of its “limited reopening” once it had recovered the remains of the last hostage, Ran Gvili.
His remains were brought back to Israel later on Monday.
A Palestinian official told AFP on condition of anonymity that “estimates indicate that the Rafah crossing could be opened in both directions by the end of this week or early next week.”
A member of the NCAG told AFP that the technocratic committee would be responsible for sending lists of travelers’ names to the Israeli authorities for approval.
Outward travel will intially be limited to patients, the injured, students with university admission and visas, and holders of Egyptian citizenship or other nationalities and residency permits, the source said.

- ‘Burning with anticipation’ -

Gharam Al-Jamla, a displaced Palestinian living in a tent in southern Gaza, told AFP she counted on the crossing’s opening for her future.
“My dreams lie beyond the Rafah crossing. I applied for several scholarships to study journalism in English at universities in Turkiye. I received initial acceptance from two universities there,” the 18-year-old said.
She added she would then want to return to Gaza “to be one of its voices to convey the truth to the world.”
Gaza’s civil defense agency spokesman, Mahmud Bassal, appealed for the full reopening of Rafah to allow the entry of unlimited aid and equipment for reconstruction.
“There are thousands of bodies under the rubble, including children, women and people with disabilities, which have not been recovered since the beginning of the war,” he said.
The civil defense is a rescue force operating under Hamas authority.
Mohammed Khaled, 18, said he wanted to move on from the war.
“I’m burning with anticipation,” he told AFP.
“I haven’t seen my mother and sisters for two years. My mother traveled for medical treatment, and they only allowed my sisters to accompany her.”
Khaled said he also hoped to be able to travel to have surgery for a shrapnel injury sustained during the war.