FTA expansion to further boost Malaysia-Turkey trade ties

07/15/2021

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The Sun Daily Staff | The Sun Daily

Malaysia-Turkey bilateral trade is set for stronger growth with the expansion of the Free Trade Agreement (FTA) between the two governments, the Ministry of International Trade and Industry (Miti) said.

In a statement Wednesday, Miti said Turkish President Recep Tayyip Erdogan underscored the importance of elevating existing trade and investment linkages between Malaysia and Turkey, including through the Malaysia Turkey FTA (MTFTA). 

“The president noted that the full potential of trade volume between Malaysia and Turkey has yet to be realised. He further highlighted the need for both countries to work closely to increase the existing trade volume,” it said.

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