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NEW UPDATES Asean Affairs  5 August 2015  




ASEAN countries urged to tap Polish market KUALA LUMPUR

Monday, August 3, 2015

THE Malaysia External Trade Development Corporation (Matrade) wants ASEAN countries, including Malaysia, to strengthen economic cooperation with Poland and venture into its potentially lucrative market.

Poland, a key market of the European Union, is a growing attractive market for exporters and investors seeking new markets and investment opportunities beyond ASEAN.

“The vibrant country is known as the distribution centre in Eastern Europe. It has a population of nearly 40 million with a stable economic environment and strong market.

“Poland allows us to export many items there including processed food, pharmaceutical products, medical devices, building materials, light emitting diodes and solar photovoltaic equipment.

“Exporters can jumpstart their international foray by contacting the Matrade office in Warsaw. We’ll be more than happy to assist you,” Matrade Trade Commissioner in Poland Nor Aida Wasir told reporters.

The total trade between Poland and all 10 ASEAN countries stood at US$5.4 billion in 2012 with Singapore being the largest trading partner for the year e (US$1.3 billion) followed by Thailand.



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