Malaysia–United Arab Emirates relations

Malaysia–United Arab Emirates relations

Malaysia
United Arab Emirates

Malaysia–United Arab Emirates relations refers to foreign relations between Malaysia and United Arab Emirates. United Arab Emirates has an embassy in Kuala Lumpur,[1] and Malaysia has an embassy in Abu Dhabi.[2] Relations between the two countries are mainly in economic co-operation.[3]

History

Malaysia established its embassy in Abu Dhabi in 1983 with the main purpose to strengthening its political, economic and socio-cultural links with the country.[3]

Economic relations

Since 2008, United Arab Emirates has become one of the Malaysia's largest trading partner among the GCC countries with a total trade around Dh21.6 billion.[4] A large of United Arab Emirates companies have invested in Malaysia such as Abu Dhabi Commercial Bank, Mubadala, Limitless and Adia.[4] There are around 6,000 Malaysians in United Arab Emirates with many of them working in the professionals sectors both in foreign and local companies.[4] The communities have played an important role to strengthen the relationship between the two countries.[4] United Arab Emirates embassy has recognised a number of Malaysian companies in the country in promoting the Malaysian brand.[4] An agreement in avoidance of double taxation also has been signed to boost economic co-operation between the two countries.[5][6] Currently, the United Arab Emirates in the process to seeks more opportunities to invest in Malaysia.[7] In May 2014, following the visit of Prime Minister Najib Razak to United Arab Emirates, a memorandum of understanding between Lulu Hypermarket and the Federal Land Development Authority (FELDA) was signed for the establishment of ten Lulu Hypermarkets in Malaysia.[8][9] As a mark of close friendship relations between the two countries, the Crown Prince of United Arab Emirates Sheikh Mohammed Zayed al Nahyan has proposed to build a mosque in Kuala Lumpur as a gift to Malaysia, with an architecture design similar like the Sheikh Zayed Grand Mosque. While another two memorandum of understanding on tourism and higher education has been signed during the meeting.[10]

See also

References

  1. ↑ "United Arab Emirates Embassy in Kuala Lumpur". Emirates. Retrieved 19 March 2014.
  2. ↑ "Official Website of Embassy of Malaysia, Abu Dhabi". Ministry of Foreign Affairs, Malaysia. Retrieved 19 March 2014.
  3. 1 2 "History of Embassy of Malaysia in Abu Dhabi". Ministry of Foreign Affairs, Malaysia. Retrieved 19 March 2014.
  4. 1 2 3 4 5 "Welcome to the website of the Embassy of Malaysia in Abu Dhabi, the United Arab Emirates (UAE)". Ministry of Foreign Affairs, Malaysia. Retrieved 19 March 2014.
  5. ↑ "AGREEMENT BETWEEN THE GOVERNMENT OF MALAYSIA AND THE GOVERNMENT OF THE UNITED ARAB EMIRATES FOR THE AVOIDANCE OF DOUBLE TAXATION AND THE PREVENTION OF FISCAL EVASION WITH RESPECT TO TAXES ON INCOME" (PDF). Inland Revenue Board of Malaysia. 28 November 1995. Retrieved 19 March 2014.
  6. ↑ "AGREEMENT BETWEEN THE GOVERNMENT OF THE UNITED ARAB EMIRATES AND THE GOVERNMENT OF MALAYS IA FOR THE AVOIDANCE OF DOUBLE TAXATION AND THE PREVENTION OF FISCAL EVASION WITH RESPECT TO TAXES ON INCOME" (PDF). Ministry of Finance (United Arab Emirates). Retrieved 19 March 2014. line feed character in |title= at position 93 (help)
  7. ↑ Arno Maierbrugger (24 February 2014). "UAE seeks opportunities in Philippines, Malaysia". Investvine. Retrieved 19 March 2014.
  8. ↑ Sarah Diaa (19 May 2014). "Lulu Hypermarket to open 10 outlets in Malaysia". Gulf News. Retrieved 21 May 2014.
  9. ↑ "LuLu Group to open 10 Malaysia outlets". Gulf Daily News. 20 May 2014. Retrieved 21 May 2014.
  10. ↑ Wam (19 May 2014). "Shaikh Mohammed meets Malaysian PM, discusses cooperation". Khaleej Times. Retrieved 21 May 2014.
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