Malaysia has confirmed its interest in strengthening economic ties with Cuba and is ready to consider new opportunities to realise the potential of bilateral trade and investment. This was stated by Malaysia’s Trade Commissioner, Ahmad Shanizam Ab Ghani.

Exports from Malaysia to Cuba grew 115 per cent to US$6.85 million in 2024, driven by Cuba’s growing demand for Malaysian products such as palm oil products, processed food, and beverages. This is reported by
Bernama. 

Due to economic reforms in Cuba, Malaysia is keen to increase exports of high quality products including halal food products, pharmaceuticals, and medical equipment. Opportunities for technological cooperation in manufacturing and industrial development are also being explored.

Malaysia, which holds the ASEAN chairmanship this year, is looking forward to increased interaction between ASEAN and Cuba. Both states are also
BRICS partner countries, which offers additional prospects for cooperation within the Global South.

Photo:
iStock