KUALA LUMPUR: A 16-member delegation of Malaysian companies to Buenos Aires and Sao Paulo, led by Malaysia External Trade Development Corp (Matrade), has identified potential business estimated at RM19.55 million.
In a statement here on Thursday, Dec 23, Matrade said it organised 169 one-on-one business meetings between the delegation members and representatives of the local business community in both cities during the mission from Dec 5-14, 2010.
Matrade said Malaysia's business ties with Argentina and Brazil were set to be significantly enhanced with the signing of the memorandum of understanding (MoU).
"The MoU calls for increased trade networking and cooperation among the business communities of all three countries," it said.
It said in the logistics sector, Argentina and Brazil offered opportunities for Malaysian companies to collaborate in offering total logistics solutions.
In the creative and design sectors, both countries expressed interest in Malaysian-designed jewellery, fashion and furniture.
"As both countries are widely considered to be the leading fashion-conscious countries in South America, they represent significant export potential for our companies," it said. ' Bernama
In a statement here on Thursday, Dec 23, Matrade said it organised 169 one-on-one business meetings between the delegation members and representatives of the local business community in both cities during the mission from Dec 5-14, 2010.
Matrade said Malaysia's business ties with Argentina and Brazil were set to be significantly enhanced with the signing of the memorandum of understanding (MoU).
"The MoU calls for increased trade networking and cooperation among the business communities of all three countries," it said.
It said in the logistics sector, Argentina and Brazil offered opportunities for Malaysian companies to collaborate in offering total logistics solutions.
In the creative and design sectors, both countries expressed interest in Malaysian-designed jewellery, fashion and furniture.
"As both countries are widely considered to be the leading fashion-conscious countries in South America, they represent significant export potential for our companies," it said. ' Bernama
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