PUTRAJAYA: New Zealand and Malaysia have agreed to expand their bilateral trade by 50 per cent by 2030, said New Zealand Prime Minister Christopher Luxon.
Luxon said that the two nations are collaborating on certifications and customs processes to ensure smooth border operations.
"We also discussed strengthening our education links and our youth exchanges so that the next generation of Kiwis and Malaysians have that same close relationship that we enjoy," he said.
Acknowledging Malaysia's remarkable growth, Luxon mentioned that New Zealand has much to learn from Malaysia's success. To explore opportunities, he has brought 17 of New Zealand's largest firms to the country.
"There's much that New Zealand can learn from you and your exceptional success.
"Attracting foreign investment is something that I have looked forward to and have enjoyed discussing with you today as well.
He said their companies here are also ready to explore opportunities, market opportunities in this market as Malaysia has long been a top 10 export market for New Zealand.
"We feel lucky that you like our nutritious and safe products.
"We've got a diverse range of businesses here today in Malaysia and we think we can offer you so much more in sectors like tourism and education, where we want to build even greater links between our people," he said.
Luxon arrived in the country last night for a three-day official visit was accorded an official welcome this morning at Dataran Perdana.
He was greeted by Prime Minister Datuk Seri Anwar Ibrahim upon arrival before the national anthems of both countries were played.
Luxon then inspected the main guard of honour from the First Battalion of the Royal Malay Regiment.
This is Luxon's first visit to Malaysia since taking office in November 2023.