CABA, Farlim and UTAR signed MoA for research collaboration

Front row, second from left: Prof Ewe, Tan Sri Lim and Datuk Seri Mohd Iqbal displaying the signed agreement

China-ASEAN Business Association (CABA), Farlim Holding Sdn Bhd and UTAR signed a memorandum of agreement (MoA) for research on Shandong - ASEAN Economic Cooperation Collaboration on 15 July 2020 at Pullman KLCC Hotel and Residences, Kuala Lumpur.

Signing the agreement were UTAR President Ir Prof Dr Ewe Hong Tat, Farlim Holding Sdn Bhd Chairman Tan Sri Dato’ Seri Lim Gait Tong and CABA Deputy President Datuk Seri Mohd Iqbal while witnessing the signing ceremony were UTAR Vice President for Internationalisation and Academic Development Ir Prof Dr Yow Ho Kwang, Farlim Holdings Sdn Bhd Director Lim Chu Dick and CABA Vice President Dato’ Bong Hon Liong.

The main objective of this research was to analyse and identify areas for economic cooperation between Malaysia and Shandong and to provide key information for the formulation of strategies to promote sustainable economic cooperation between Shandong and ASEAN countries. The research study would be headed by Belt and Road Strategic Research Centre (BRSRC) Chairperson Prof Dr Cheng Ming Yu.

Tan Sri Lim said in his opening remarks, “Since the establishment in 2017, CABA has been committed to promoting economic, trade and investment exchanges between China and ASEAN as well as expanding ASEAN’s economic and trade territory in the provinces north of the Yangtze River in China, especially the Shandong and Beijing-Tianjin-Hebei Collaborative Zone. Shandong province was selected due to its strategic location. UTAR will carry out the China-ASEAN Economic Cooperation Research in the next six months whereby the research will focus on issues at several levels, including the past and current economic and trade relations between China and ASEAN, new areas of cooperation that need attention in the future, and the prospects for Shandong-ASEAN economic and trade cooperation.”

In his speech, Prof Ewe said, “Today’s MoA is another important initiative in the expanding collaborative ties between China and Malaysia particularly in the area of economic research that will be mutually beneficial to both economies. With the dynamic changes and unexpected challenges that have impacted the world economy over the last five months due to the COVID-19 pandemic, it is imperative to conduct research before any economic strategies are formulated. It will be even more impactful if the research is done in collaboration with key partners who are willing to share expertise and resources. UTAR is truly pleased to be part of this combined collaborative effort to ultimately achieve the goal of enhancing the China-ASEAN bilateral trade volume and fostering closer economic and socio-cultural cooperation between China and ASEAN.”

Also present at the signing ceremony were CABA Advisor Tan Sri Dr Koh Tsu Koon, CABA Vice President Tan Kai Hee, CABA Vice President Dato’ Goh Hin San, Farlim Holdings Sdn Bhd Director Wong Hon Weng, BRSRC Chairperson Prof Cheng and members from CABA and Farlim Holdings Sdn Bhd.

Prof Ewe receiving the souvenir from Datuk Seri Mohd Iqbal (front row, right) as Tan Sri Lim (front row, middle) looks on

Tan Sri Lim (front row, right) presenting the souvenir to Prof Ewe

Prof Ewe (left) presenting the token of appreciation to Datuk Seri Mohd Iqbal (left photo) and Tan Sri Lim (right photo)



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