Minister in the Prime Minister’s Department Datuk Seri Wee Ka Siong said the 10-day trade mission to Xian, Inner Mongolia and Qing Hai was being mounted after the signing of a memorandum of understanding (MoU) in March.
SAME, Halal Development Corporation and Bank of China signed an MoU to develop the halal trade with China.
“Malaysia is in a good position to bank on its status as a pioneer in the development of halal standards worldwide,” he said at a press conference on SAME’s Halal Global Programme here Wednesday.
He said the MoU would capitalise on the long-standing trade ties between China and Malaysia and tap into the US$2.3 trillion global halal industry.
The 50 companies participating in the trade mission are mostly in the food and beverage sector.