Malaysia targets 20% rise in trade with S. Korea in 2023

MALAYSIA aims to increase its trade with South Korea by 20% this year, after bilateral trade hit US$26 billion (RM114.55 billion) in 2022.

International Trade and Industry Minister Tengku Zafrul Abdul Aziz, who will lead a trade mission to Seoul from March 14-17, said to achieve the target, Putrajaya plans to engage with giant South Korean companies, namely Samsung, Hyundai, Coway, and Lotte during the visit.