U.S.-Malaysia Commercial Relations Conference & Luncheon Keynote Address by YBhg Dato Sri Mustapa Mohamed

In conjuntion with ASEAN Economic Minister’s meeting, AmCham Malaysia and the U.S. Chamber of Commerce jointly organized and inaugurated the U.S.-Malaysia Commercial Relations Conference. We would like to also express our appreciation to the Ministry of International Trade and Industry for supporting and endorsing the conference. Enhancing Economic Integration was the theme of the conference in support of the Malaysian Government’s initiative in facilitating and promoting trade and investment, particularly through the ASEAN Economic Community Blueprint and the Trans-Pacific Partnership negotiation. The conference was put together to discuss issues close to the heart of the U.S. business community in Malaysia. It also aimed at facilitating a valuable and productive dialogue amongst Malaysian stakeholders to establish better understanding of the economic and commercial opportunities that TPP presents for Malaysian businesses.

The highlight of the day was a Keynote Speech by YBhg. Dato Sri Mustapa Mohamed, Minister of the International Trade & Industry. Following are some highlights of Minister’s speech delivered.

● ASEAN will stay on course with regional economic integration.
● ASEAN must expedite the use of IT in facilitating intra-ASEAN trade and investments including addressing trade complaints.
● ASEAN must continue to deepen economic integration by addressing regulations and promote greater transparency.
● Last year, ASEAN attracted US$136 billion in FDIs, surpassing inflows to China. Intra-ASEAN investments contributed about 20 per cent of that total.
● ASEAN’s external trade expanded to US$2.53 trillion last year from US$2.51 trillion recorded in 2013. Of this, about 24 per cent was attributed to intra-ASEAN trade.

AmCham would like to thank Minister YBhg Dato Sri Mustapa Mohamed for gracing the luncheon. The conference was well attended by 130+ participants from both public and private sector industries. We also like to thank all Speakers and Panelist who contributed their time of their busy schedule to join us nd sharing insights and expertise with the participants.

AmCham like to also take this opportunity to thank our Corporate Sponsors: AmMetLife, Pfizer, Procter & Gamble, TMF Group and UPS for their support towards the success of the Conference.