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CUBA TO IDENTIFY NEW TRADE OPPORTUNITIES WITH MALAYSIA

JOHOR BAHRU, Malaysia, Cuba is hoping to identify new trade opportunities with Malaysia and also improve bilateral relations between both countries.

The Cuban Ambassador to Malaysia, Ibete Fernandez Hernandez, said a meeting towards this end was scheduled for Thursday in Kuala Lumpur.

Trade volumes are low at this point despite both countries having had good ties since 1976.

In the past two years, we only recorded US$11 million (in trade) and that is why we want to increase the volume and identify new trade opportunities, Hernandez told reporters after attending a memorial service near here Tuesday.

She said Cuba had been supplying medicine to Malaysia, while importing palm oil.

We have also helped Malaysia in terms of pharmaceuticals where we bring over vaccines, such as for Hepatitis B. We are now looking to export more medicine, including for diabetes and cancer, as these are some of the diseases affecting Malaysians.

You have a lot of things that Cuba needs. Maybe, Cuba, can help Malaysia in turn in the field of medicine for example. That’s is why we’re looking forward to increased trade with Malaysia, Hernandez said.

She had earlier paid her respects to the victims of the 1977 Malaysian Airline System flight MH653 which crashed near Tanjung Kupang, in Johor Bahru District killing all 100 crew and passengers, including the then Cuban Ambassador to Japan and Malaysia, Mario Inchaustegui and his wife.

Source: NAM News Network

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