Malaysia, Indonesia seek to lift two-way trade
Kuala Lumpur, Sept. 4 -- Malaysia and Indonesia have ample scope to expand bilateral trade beyond the 114 billion RM (28 billion USD) recorded last year by fostering trade facilitation and improving cross-border goods movement, reported the local media. Malaysian Minister of Investment, Trade and Industry Datuk Seri Johari Abdul Ghani said improved trade facilitation could substantially increase transaction volume, with the Border Trade Agreement playing an important role in facilitating economic activities. "What is important is that we can actually double, triple, quadruple transaction volume if the two countries can strengthen trade facilitation," he told Malaysia's Bernama news agency after meeting his Indonesian counterpart Budi Sant...
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