Business

Post-Brexit: UK wants to strengthen trade, investment with Malaysia

Senior British diplomat confident relationship between both countries will continue to grow

Updated 5 years ago · Published on 30 Dec 2020 11:30PM

Post-Brexit: UK wants to strengthen trade, investment with Malaysia
The UK-Malaysia relationship has a very strong foundation and has helped the British High Commission in Malaysia to weather the impact of the pandemic. – Screengrab, December 30, 2020

KUALA LUMPUR – The United Kingdom wants to strengthen its trade and investment ties with Malaysia as it emerges from the end of the Brexit transition period tomorrow, said British High Commissioner to Malaysia Charles Hay.

The diplomat said he is confident that the UK’s bilateral relationship with Malaysia and Asean will continue to grow from strength to strength through the country’s application to become a dialogue partner of the regional body.

“Last month, we held the inaugural meeting of the UK-Malaysia Joint Committee on Bilateral Trade and Investment Cooperation – which is the first of its kind between our two countries.

“The joint committee has commissioned six working groups to strengthen bilateral cooperation and improve market access in areas such as education and legal services,” he was quoted as saying in a statement made available to Bernama by the British High Commission in Malaysia.

The European Union is a dialogue partner of Asean. By leaving the EU, the UK has submitted its application to become an Asean dialogue partner in June. The UK already has a dedicated ambassador to Asean.

Reflecting on year 2020, Hay said he is thankful for the UK-Malaysia relationship, which has a very strong foundation, and has helped the high commission to weather the impact of the pandemic.  

The high commissioner said when global travel became increasingly restrictive, his office immediately shifted into gear to advise British travellers to return to the UK while they still could.

“We had to engage stakeholders at all levels on important issues affecting our mutual interests. This included a meeting with Prime Minister Tan Sri Muhyiddin Yassin as well as other key contacts across different areas of our work,” he said.

Hay said in the run up to the UK hosting the United Nations Climate Change Conference COP26 next year, the high commission has organised digital campaigns and webinars in Malaysia to discuss climate change, biodiversity and wildlife.  

“I’ve also had many online meetings, including with our Chevening scholars, journalist groups, and the science and tech community,” he said.

Commenting on year 2021, Hay said it is an important year to build back better – economically and sustainably. – Bernama, December 30, 2020

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