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Follow on Google News | MATRADE move to Melbourne strengthens Australia-Malaysia trade tiesBy: MATRADE Headed by Trade Commissioner Noor Hayati, the MATRADE team is responsible for a wide coverage of trade relationships throughout Australia and across the Pacific, including New Zealand, Fiji, and Papua New Guinea as well as the smaller Pacific Islands. Bilateral trade is a core component of Malaysia’s economic development and the country’s export promotion activities are spearheaded by MATRADE. The agency’s mission is to promote Malaysia’s exports and assist companies to capitalise on opportunities in overseas marketplaces. Most importantly, MATRADE promotes Malaysian companies on the international stage making the slogan ‘Made-In-Malaysia’ MATRADE maintains very close and professional relationships with numerous business councils and importers around Australia. “It is a network that is constantly evolving and enriched by continual engagement with buyers and sellers from both countries”, said Noor Hayati. “Growing bilateral trade between Australia and Malaysia continues to be one of the hallmarks of the longstanding relationship between our two great countries and MATRADE is confident that the successful move to Melbourne will continue to reap long-term benefits”. “The MATRADE team works diligently to strengthen supply chains and connects overseas customers to Malaysian companies. As a result, the agency is often the first reference point by Australian importers seeking to connect with Malaysia businesses and exporters.” MATRADE is located at 432 St Kilda Road and operates as the Trade Section of the Consulate General of Malaysia to Victoria. In 2014, Malaysia was Australia’s 6th largest trading partner; total trade amounted to A$17.12 billion. Malaysia was Australia’s 7th largest source of imports, totalling A$11.14 billion and was also its 9th largest exports destination, with total exports to Malaysia amounting to A$5.98 billion. Noor Hayati continued, “The very long, deep and strong economic and cultural engagement between Australia and Malaysia is a significant asset with immense potential to further increase bilateral trade”. Malaysian businesses have benefited greatly by taking advantage of the Malaysia Australia Free Trade Agreement (MAFTA) that came into effect on January 1st 2013. The MATRADE team in Victoria has noticed that there is a heightened trading environment as interest by exporters from both countries grows and they position themselves to capitalise on the long term commercial opportunities of the FTA. “Australia will continue to be an attractive and growing export market for Malaysian businesses. By maintaining a strong ‘on-the-ground’ ENDS Issued by MATRADE www.matrade.gov.my Media Enquiries: Mr. Joe Perri Joe Perri & Associates Pty Ltd Telephone / fax: +61 3 9324 0362 Mobile: +61 412 112 545 Email: jperri@ End
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