Macau SAR inks memo with Malaysia on trade and tourism
12/4/2007 16:46
China's Macau Special Administrative Region (SAR) today signed two
Memoranda of Understanding (MoUs) on trade and tourism cooperation with
Malaysia.
Macau SAR Chief Executive Edmund Ho Hau Wah, who is currently on a
three-day visit to Malaysia, was present at the signing ceremony in Kuala
Lumpur.
Macau Chamber of Commerce (MCC) inked the MoU with National Chamber
of Commerce and Industry of Malaysia (NCCIM) while Macau Government Tourist
Office (MGTC) signed the other one with Malaysian Tourism Promotion Board
(better known as Tourism Malaysia).
The first pact formalizes the process of
cooperation and understanding between MCC and NCCIM. Both parties agree to
maintain close, regular contacts and "provide mutual assistance in promoting a
general understanding of the market and investment situation in their respective
areas and organizing various activities in Macau and Malaysia for members of
both parties," among other commitments.
The second MoU states that MGTC and
Tourism Malaysia will exchange delegations to share experiences in the fields of
tourism development, management and promotion. The two sides will encourage
tourism businesses of the two places to establish business contacts to develop
and strengthen mutual cooperation in tourism.
Representatives from the
concerned parties signed the MoU at the opening ceremony of the Malaysia-Macau
Economic Cooperation Seminar.
Though bilateral trade between Malaysia and
Macau SAR is relatively small, there have been significant increases in the
volume of trade, Malaysian Foreign Ministry said earlier in a
statement.
Malaysia became the 5th largest tourist source market for Macau
SAR last year. Over 200,000 Malaysian visitors came to Macau in 2006, a
remarkable growth of 106 percent over the previous year, according to figures
given by MGTC.
Ho arrived in Malaysia Tuesday on his seven-day Southeast Asia
tour, which will also take him to Singapore.
Xinhua
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