India-Malaysia MoS Level Bilateral Meeting held in New Delhi
The Union Minister of State for Commerce & Industry and Electronics & Information Technology, Shri Jitin Prasada had a bilateral meeting with Mr. Liew Chin Tong, Malaysian Deputy Minister of Investment, Trade, and Industry on 18th March 2025, in Vanijya Bhawan, New Delhi. Malaysian Diplomats and Senior Govt. Officials from the Ministry of Investment, Trade and Industry, Malaysia and from the Ministry of Commerce & Industry, Ministry of Electronics & Information Technology, Ministry of External Affairs and Bureau of Indian Standards from Govt of India were also present during the meeting.
Malaysia is one of the ten-member countries of ASEAN and is the ASEAN Chair for the year 2025.The meeting discussed the ongoing review of ASEAN India Trade in Goods Agreement (AITIGA) and both sides agreed to take necessary steps for speeding up the AITIGA review for its substantial conclusion by 2025.
Both sides also discussed the bilateral trade issues, Market Access issues, Collaboration in Semiconductor Industry, Cooperation in Service Sector and the issues related to Foreign Manufacturers Certification Scheme (FMCS) of Bureau of Indian Standard (BIS). The two sides hoped that the meeting will help in speeding up the resolution of bilateral trade issues and growing bilateral trade between the two Countries.
Malaysia is India’s 3rd largest trading partner of India in ASEAN with total trade of USD 20.02 Bn during 2023-24 accounting for around 17 % of India’s total trade with ASEAN.
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