Sunday, May 22, 2022
HomeDigit News"We are a trading nation." Malaysia can help with Russia with...

“We are a trading nation.” Malaysia can help with Russia with semiconductor products

In an interview with RIA Novosti, Malaysian Ambassador to Moscow Bala Chandran said that the authorities of his country would consider any request from Russia regarding the supply of semiconductors and electronics.

Malaysian industry is market oriented. And I am quite sure that any request from the Russian side regarding the supply of such products will be considered.


Bala Chandran


The Malaysian Ambassador to Moscow added that he did not yet know anything about possible negotiations at the governmental level, but at the same time expressed hope for a dialogue between businessmen.

Malaysia is one of the largest semiconductor exporters with an annual volume of $8.7 billion. The electronics sector contributes nearly six percent of Malaysia’s GDP. So I’m glad you brought this topic up. We are a trading state. Therefore, of course, our business sector will respond to the supply and demand of products in the global market, including semiconductors and electronic devices.


Bala Chandran

After the start of the special operation, Western countries announced large-scale sanctions against Moscow in the banking sector and the supply of high-tech products. Malaysia and Vietnam agreed not to support sanctions against Russia.

MOBILE
- Advertisment -

Auto

Two Wheeler

BUSINESS AND FINANCE

Digit News