Malaysia High Commission to Singapore

High Commissioner of Malaysia to Singapore

Heartiest congratulations to the Singapore Fruits and Vegetables Importers and Exporters Association (SFVIEA) on its 2016/2017
members’ directory publication. This Members’ Directory will facilitate SFVIEA members in venturing and seeking new markets, both locally and globally.

This year marks a special year for Malaysia and Singapore ties as we are celebrating our 51st anniversary of diplomatic relations. The long standing relations have improved tremendously in recent years. The close working relationship between both countries’ Prime Ministers, Lee Hsien Loong of Singapore and Najib Razak of Malaysia, has set the trend for positive joint-government efforts on a multiple range of issues.

Both countries are very much economically interdependent with each other. Being among the biggest trade partner in ASEAN and worldwide, Malaysia will always continue to facilitate Singapore’s economic growth in order to foster the great bilateral relations between the two nations. The much-anticipated ‘game changer’ high-speed rail (HSR) project that will connect Kuala Lumpur and Singapore will further improve business linkages between the two countries.

On a multilateral and regional front, I am certain that Malaysia and Singapore’s relations can be further strengthened through our
involvement in various economic agreements namely the Trans Pacific Partnership Agreements (TPPA), the ASEAN Economic Community as well as the Regional Comprehensive Economic Partnership (RCEP). On trade fora, Malaysia’s trade with Singapore has reached US$25.2 billion up until July 2016. Back in 2015, trade between Malaysia and Singapore was worth US$ 48.8 billion, accounting for 13.0% of Malaysia’s total trade.

Malaysia exports of fruits and vegetables to Singapore have registered a growth of 13.9% and 19.9% respectively, for the first 7 months in 2016. Exports for both fruits and vegetables were valued at US$108.8 million as compared to US$97.6 million over the same period in 2015.

Moving forward, the High Commission of Malaysia in Singapore is fully supportive of this initiative and will continue the good working
relationship with SFVIEA in the future.