Write an article about
By Nur Elysa Amirah Suhaimi & Nur Atiq Maisarah Suhaimi
KUALA LUMPUR, June 24 (Bernama) —Â Ukraine is looking to expand its trade footprint in Malaysia by promoting its information technology (IT) sector, including digital and artificial intelligence solutions, as a key driver of future economic cooperation between the two countries.
Charge dâAffaires ad interim of the Embassy of Ukraine in Malaysia, Denys Mykhailiuk, said that while Malaysia and Ukraine have traditionally traded commodities such as palm oil and sunflower oil, the time has come to diversify into high-tech industries, without sidelining existing trade in oils.
âTrading in services is very important now, and we are one of the biggest countries in IT, so we hope that our experience and our digital products might be useful for Malaysians to become a digital nation as well.
âWe know for a fact that the Ukrainian IT and artificial intelligence sectors are definitely admirable, and we have also seen that they have attracted Malaysian interest,â he said during an interview on Bernama TVâs programme The Nation, titled Bridging Continents: MalaysiaâUkraine Relations in Focus, on Tuesday.
He also mentioned that discussions have already been initiated with relevant Malaysian ministries, including potential areas of collaboration in innovation and cybersecurity.
âFor the digital products, we are talking to the Ministry of Digitalisation, and the police as well, because it is a slightly different system in Ukraine.
âIn Ukraine, the Ministry of Digitalisation has the aegis authority over all other agencies, whereas here, you have some kind of competition, in which every ministry is responsible for its part,â he said.
Acknowledging structural differences between the two countries, Mykhailiuk said these challenges do not hinder business-to-business (B2B) ties, which he described as strong and promising.
âMalaysia is truly one of the best countries in the world to work with,â he remarked.
In the halal industry, he emphasised the importance of halal certification for Ukraine, revealing that one halal certification centre accredited by JAKIM already operates in the country.
âWe have bid for two more, and we desperately need them because we are located on the border between Muslim and non-Muslim countries, so the majority of our markets are Muslim countries.
âIt will be interesting to see what gateways the halal industry is going to be able to open for both countries. It is not only about food…Â There is a whole lot more in the halal industry that could actually be opened up to bilateral trade,â he said.
On Nov 1, 2024, Malaysia and Ukraine established bilateral trade relations through the inaugural Malaysia-Ukraine Joint Trade Committee (JTC). Discussions centred on key sectors, including agriculture, aerospace, sustainable palm oil, medical devices, and tourism.
The meeting, co-chaired by Deputy Investment, Trade, and Industry Minister Liew Chin Tong and Ukraine’s Deputy Minister of Economy and Trade Representative Taras Kachka, set a solid foundation for expanding economic partnerships against a backdrop of geopolitical challenges.
— BERNAMA
BERNAMA provides up-to-date authentic and comprehensive news and information which are disseminated via BERNAMA Wires; www.bernama.com; BERNAMA TV on Astro 502, unifi TV 631 and MYTV 121 channels and BERNAMA Radio on FM93.9 (Klang Valley), FM107.5 (Johor Bahru), FM107.9 (Kota Kinabalu) and FM100.9 (Kuching) frequencies.
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in 1000-1500 words .Organize the content with appropriate headings and subheadings (h1, h2, h3, h4, h5, h6), Retain any existing tags from
By Nur Elysa Amirah Suhaimi & Nur Atiq Maisarah Suhaimi
KUALA LUMPUR, June 24 (Bernama) —Â Ukraine is looking to expand its trade footprint in Malaysia by promoting its information technology (IT) sector, including digital and artificial intelligence solutions, as a key driver of future economic cooperation between the two countries.
Charge dâAffaires ad interim of the Embassy of Ukraine in Malaysia, Denys Mykhailiuk, said that while Malaysia and Ukraine have traditionally traded commodities such as palm oil and sunflower oil, the time has come to diversify into high-tech industries, without sidelining existing trade in oils.
âTrading in services is very important now, and we are one of the biggest countries in IT, so we hope that our experience and our digital products might be useful for Malaysians to become a digital nation as well.
âWe know for a fact that the Ukrainian IT and artificial intelligence sectors are definitely admirable, and we have also seen that they have attracted Malaysian interest,â he said during an interview on Bernama TVâs programme The Nation, titled Bridging Continents: MalaysiaâUkraine Relations in Focus, on Tuesday.
He also mentioned that discussions have already been initiated with relevant Malaysian ministries, including potential areas of collaboration in innovation and cybersecurity.
âFor the digital products, we are talking to the Ministry of Digitalisation, and the police as well, because it is a slightly different system in Ukraine.
âIn Ukraine, the Ministry of Digitalisation has the aegis authority over all other agencies, whereas here, you have some kind of competition, in which every ministry is responsible for its part,â he said.
Acknowledging structural differences between the two countries, Mykhailiuk said these challenges do not hinder business-to-business (B2B) ties, which he described as strong and promising.
âMalaysia is truly one of the best countries in the world to work with,â he remarked.
In the halal industry, he emphasised the importance of halal certification for Ukraine, revealing that one halal certification centre accredited by JAKIM already operates in the country.
âWe have bid for two more, and we desperately need them because we are located on the border between Muslim and non-Muslim countries, so the majority of our markets are Muslim countries.
âIt will be interesting to see what gateways the halal industry is going to be able to open for both countries. It is not only about food…Â There is a whole lot more in the halal industry that could actually be opened up to bilateral trade,â he said.
On Nov 1, 2024, Malaysia and Ukraine established bilateral trade relations through the inaugural Malaysia-Ukraine Joint Trade Committee (JTC). Discussions centred on key sectors, including agriculture, aerospace, sustainable palm oil, medical devices, and tourism.
The meeting, co-chaired by Deputy Investment, Trade, and Industry Minister Liew Chin Tong and Ukraine’s Deputy Minister of Economy and Trade Representative Taras Kachka, set a solid foundation for expanding economic partnerships against a backdrop of geopolitical challenges.
— BERNAMA
BERNAMA provides up-to-date authentic and comprehensive news and information which are disseminated via BERNAMA Wires; www.bernama.com; BERNAMA TV on Astro 502, unifi TV 631 and MYTV 121 channels and BERNAMA Radio on FM93.9 (Klang Valley), FM107.5 (Johor Bahru), FM107.9 (Kota Kinabalu) and FM100.9 (Kuching) frequencies.
Follow us on social media :
Facebook : @bernamaofficial, @bernamatv, @bernamaradio
Twitter : @bernama.com, @BernamaTV, @bernamaradio
Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial
TikTok : @bernamaofficial
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