Bilateral agricultural trade in 2024 generated total trade value of agricultural products reaching RM20.96 billion
Agricultural and Food Security Minister Datuk Seri Mohamad Sabu said Malaysia is committed to renewing the memorandum of understanding (MOU) with Thailand.
A comprehensive review and improvement of the Malaysia-Thailand MOU, which has been in place for over 50 years, is required, he stated.
“The MOU reflects our shared goals of strengthening bilateral collaboration in areas such as sustainable agriculture, technology transfer, research, and food security.
“We have submitted our latest draft of the MOU to the Thai ministry, and we hope to receive their feedback soon,” he said.
A meeting between the two parties was held after Mohamad, who led the Malaysian delegation to Thailand on a four-day working trip, met with Thailand’s Agriculture and Cooperatives Ministry, Narumon Pinyosinwat.
By 2030, Malaysia aims to achieve a higher level of self-sufficiency in agricultural production. To achieve this goal, the agro-food industry must be sustainable, resilient, and technologically driven.
“I am encouraged by the shared commitment to deepen our collaboration and address common challenges in food security, sustainable agriculture, and innovation,” he said.
Besides agri-food products and selected agricultural products, Thailand is Malaysia’s largest trading partner.
“Bilateral agricultural trade between Malaysia and Thailand continued to show positive performance in 2024, with the total trade value of agricultural products reaching RM20.96 billion. This trade trend highlights the growing potential of food and agricultural product trade and demonstrates significant opportunities for both countries to further elevate the value of agricultural trade,” he added.
In addition, Mohamad facilitated the Malaysian Pavilion at the premier food and beverage trade show in Asia, the THAIFEX-Anuga Asia 2025. From May 27 to 31, approximately 137 Malaysian companies attended the trade show at IMPACT Muang Thong Thani.
