Malaysia Seeks Economic Engagement with EU Through Portugal's Renewable Energy Sector
Malaysia is strengthening its economic ties with the EU through collaboration with Portugal, particularly in the renewable energy sector, where it aims to leverage Portugal's expertise in solar, wind, and green hydrogen. Five Malaysian companies are participating in joint ventures, and upcoming initiatives include a seminar in Kuala Lumpur and a trade mission to Malaysian industrial hubs in 2026. In 2024, total trade between the two nations reached €145.7 million, with notable exports of natural rubber and imports of textiles and machinery.
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Malaysia is enhancing its economic engagement with the EU via Portugal, focusing on renewable energy, manufacturing, and logistics. The Malaysian Ambassador highlighted Portugal's strengths in solar, wind, and green hydrogen as aligning with Malaysia's energy transition goals.
Five Malaysian companies are involved in joint ventures in various sectors. Proposed initiatives include a 'Portugal Business and Investment' seminar in Kuala Lumpur and a targeted trade mission to Malaysian industrial hubs in 2026. Total trade between Malaysia and Portugal reached €145.7 million in 2024, with significant exports in natural rubber and imports in textiles and machinery.
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