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Malaysia-Spain trading ties on solid ground, expected to grow stronger in 2021 | Money


Tuesday, 09 Mar 2021 04:29 PM MYT
A worker inspects a container at North Port in Port Klang outside Kuala Lumpur in this January 8, 2009 file photo. Reuters pic
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KUALA LUMPUR, March 9 Trading relations between Spain and Malaysia have been on solid ground and is expected to continue on the upward trend post-Covid-19, said Economic and Commercial Counsellor at the Embassy of Spain in Malaysia, Ines Perez-Durantez.
She said in 2020, the bilateral trade had recorded a strong growth although some exchanges were affected by the global Covid-19 pandemic.
“Certainly, in 2020, exchanges went down along with the border closure and disruptions in the supply chains. But even that year, some chapters registered growing figures, such as the exports of Spanish pharmaceutical products to Malaysia, which accounted for 8.1 per cent of total exports and increased by 4.5 per cent in 2020. Likew ....

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