HDC signs MoU with Korean agency to enhance halal bilateral trade, investment | Writer : 관리자(fran@world-expo.co.kr) Date : 19.03.14 Hits : 576 |
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HDC signs MoU with Korean agency to enhance
halal bilateral trade, investment KUALA LUMPUR, March 13 ? The Halal Industry
Development Corporation (HDC) has signed a Memorandum of Understanding (MoU)
with the Korea Trade-Investment Promotion Agency (Kotra) with the strategic aim
of enhancing halal bilateral trade and investment exchanges, as well as market
access for halal products and services, between both countries. HDC industry development vice-president
Hanisofian Alias said the export performance of the halal sector to South Korea
has increased in tandem with the growing demand for halal products, coupled
with rising halal awareness. “The market is huge and this is a good
opportunity for Malaysian players to expand their markets beyond Malaysian
borders,” he said in a statement today. The MoU was signed by Hanisofian on behalf
of HDC, an agency under the Ministry of Economic Affairs, and Kotra chief
executive officer and president Kwon Pyung Oh. It was witnessed by Prime
Minister Tun Dr Mahathir Mohamad. Hanisofian said South Korean cosmetics
industry has a huge potential in the halal cosmetics market as many Korean
brands have started to notice its potential. “They are now conducting more studies and
test procedures for halal standards for future expansion abroad, and Malaysia
can be the ideal springboard for these companies to access regional and
international markets,” he said. Malaysia’s halal export to South Korea,
which rose 6.25 per cent to RM1.36 billion in 2017 from RM1.28 billion in 2016,
is expected to increase further. ? Bernama Link-> https://www.malaymail.com/news/money/2019/03/13/hdc-signs-mou-with-korean-agency-to-enhance-halal-bilateral-trade-investmen/1732287 |
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