Kochi, Aug. 4
THE Malaysian Government has offered to work with the Kerala Chamber of Commerce and Industry to develop business ties during the recent visit of a chamber delegation to that country.
Mr C. P. Jain, President of the chamber, who led the delegation, said that a MoU in this regard would be signed on the forthcoming visit of the Malaysian trade delegation to India. The chamber delegation visited Malaysia at the invitation of the Malaysian Government from July 29 to August 2 to take part in the Malaysian International Exhibition Convention Centre in which 11 countries participated.
The Kerala delegation interacted with Malaysian manufacturers and dealers of various commodities such as food products.
According to Mr Jain, Malaysia has developed a strong base in food production and value addition. The delegation has discussed investment in Kerala with Malaysia's food product players.
Chamber patronage has been offered to promote Malaysian products in India, especially Kerala. Many entrepreneurs had expressed their interest in investing in India, he said.
The delegation also called on Mr S. Samyvellu, Malaysian Minister of Works, and discussed economic ties. The Minister was keen on investing in Kerala, especially in the development of the State's infrastructure, Mr Jain said.
The chamber delegation suggested a tie-up for the promotion of tourism between the two countries to the minister.
The chamber members also met the High Commissioner of India, Mr R. L. Narayan, and discussed the improvement of ties between Malaysian and Indian businessmen. The President of Malaysian Association of Indian Chamber of Commerce and Industry, Mr Pradeep Kumar, had also offered to help Indian entrepreneurs invest in Malaysia.