{"id":43954,"date":"2022-01-31T11:22:15","date_gmt":"2022-01-31T08:22:15","guid":{"rendered":"http:\/\/www.indexeconomic.com\/?p=43954"},"modified":"2022-01-31T11:22:16","modified_gmt":"2022-01-31T08:22:16","slug":"malaysian-minister-launches-commodities-integration-marketing-company-in-jeddah-saudi-arabia-to-strengthen-market-position","status":"publish","type":"post","link":"https:\/\/indexeconomic.com\/?p=43954","title":{"rendered":"MALAYSIAN MINISTER LAUNCHES COMMODITIES INTEGRATION MARKETING COMPANY IN JEDDAH, SAUDI ARABIA TO STRENGTHEN MARKET POSITION"},"content":{"rendered":"\n
  1. Hon. Datuk Hajah Zuraida Kamaruddin, Minister of Plantation Industries and
    Commodities of Malaysia officially launched the agricommodity regional office
    in Jeddah during a ministerial mission to Saudi Arabia followed by a Roundtable
    Discussion with the representatives of Palm Oil, Rubber and Timber Industries
    of Saudi Arabia to strengthen market position in this region for Malaysia\u2019s
    agricommodity sectors.<\/li>
  2. The Commodities Integration Marketing Company (CIMC), the first of its kind in
    the Middle East, houses three government-linked organisations under one roof,
    namely Malaysian Palm Oil Council (MPOC), Malaysian Rubber Council (MRC)
    and Malaysian Timber Council (MTC).<\/li>
  3. The set-up of this agricommodity office is integral to facilitate the development
    and cooperation among Malaysian commodities and the local industries in the
    Middle East and North Africa (MENA) region, particularly Saudi Arabia. This will
    also lead to greater opportunities in enhancing trade for both countries.<\/li>
  4. Malaysian agricommodity products are well established in the world market and
    most are daily life essentials such as cooking oil, cosmetics, soap, gloves and
    house furniture and commonly used products in the industrial sector such as
    biofuel, structural bearings, automotive parts and building panels. Malaysia is
    not only recognised as the world\u2019s largest exporter of rubber gloves and second
    largest exporter of crude palm oil, its agricommodity products are also known
    for its high quality and can be found in most parts of the world.<\/li>
  5. In 2020, Malaysian agricommodity export value to the Middle East and North
    Africa recorded a total of USD2.37 billion while rubber and its products recorded
    an export value of USD535 million. Similarly, timber and timber products
    recorded an export value of USD324.5 million whereas palm oil and palm oil
    products recorded USD1.51 billion.<\/li>
  6. Commodities Integration Marketing Company (CIMC) in Jeddah will act as the
    Malaysian Commodity Hub to foster international relations through various
    initiatives that are critical for the improvement and acceptance of Malaysian
    agricommodity products in the global market. The Ministry believes, the office
    in Jeddah is a testimony from both countries to deliver high quality Malaysian
    agricommodity products to Middle East and Africa in a responsible and
    sustainable manner.<\/li>
  7. In addition, Saudi Arabia has also committed to increase its imports of
    Malaysian palm oil from 318,000 tonnes, worth RM900 million last year to
    500,000 tonnes, an increase of 182,000 tonnes with an estimated worth of
    RM1.5 billion this year.<\/li><\/ol>\n","protected":false},"excerpt":{"rendered":"

    Hon. Datuk Hajah Zuraida Kamaruddin, Minister of Plantation Industries and Commodities of Malaysia officially launched the agricommodity regional office in Jeddah during a ministerial mission to Saudi Arabia followed by a Roundtable Discussion with the representatives of Palm Oil, Rubber and Timber Industries of Saudi Arabia to strengthen market position in this region for Malaysia\u2019s …<\/p>\n","protected":false},"author":2,"featured_media":43955,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[439],"tags":[],"class_list":["post-43954","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-english-news"],"yoast_head":"\nMALAYSIAN MINISTER LAUNCHES COMMODITIES INTEGRATION MARKETING COMPANY IN JEDDAH, SAUDI ARABIA TO STRENGTHEN MARKET POSITION - \u0635\u062d\u064a\u0641\u0629 \u0627\u0644\u0645\u0624\u0634\u0631 \u0627\u0644\u0625\u0642\u062a\u0635\u0627\u062f\u064a<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/indexeconomic.com\/?p=43954\" \/>\n<meta property=\"og:locale\" content=\"ar_AR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MALAYSIAN MINISTER LAUNCHES COMMODITIES INTEGRATION MARKETING COMPANY IN JEDDAH, SAUDI ARABIA TO STRENGTHEN MARKET POSITION - \u0635\u062d\u064a\u0641\u0629 \u0627\u0644\u0645\u0624\u0634\u0631 \u0627\u0644\u0625\u0642\u062a\u0635\u0627\u062f\u064a\" \/>\n<meta property=\"og:description\" content=\"Hon. Datuk Hajah Zuraida Kamaruddin, Minister of Plantation Industries and Commodities of Malaysia officially launched the agricommodity regional office in Jeddah during a ministerial mission to Saudi Arabia followed by a Roundtable Discussion with the representatives of Palm Oil, Rubber and Timber Industries of Saudi Arabia to strengthen market position in this region for Malaysia\u2019s …\" \/>\n<meta property=\"og:url\" content=\"https:\/\/indexeconomic.com\/?p=43954\" \/>\n<meta property=\"og:site_name\" content=\"\u0635\u062d\u064a\u0641\u0629 \u0627\u0644\u0645\u0624\u0634\u0631 \u0627\u0644\u0625\u0642\u062a\u0635\u0627\u062f\u064a\" \/>\n<meta property=\"article:published_time\" content=\"2022-01-31T08:22:15+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-01-31T08:22:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/indexeconomic.com\/wp-content\/uploads\/2022\/01\/00-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"853\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"\u0639\u0628\u062f\u0647 \u0627\u0644\u0645\u0647\u062f\u064a\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"\u0643\u064f\u062a\u0628 \u0628\u0648\u0627\u0633\u0637\u0629\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u0639\u0628\u062f\u0647 \u0627\u0644\u0645\u0647\u062f\u064a\" \/>\n\t<meta name=\"twitter:label2\" content=\"\u0648\u0642\u062a \u0627\u0644\u0642\u0631\u0627\u0621\u0629 \u0627\u0644\u0645\u064f\u0642\u062f\u0651\u0631\" \/>\n\t<meta name=\"twitter:data2\" content=\"\u062f\u0642\u064a\u0642\u062a\u0627\u0646\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/indexeconomic.com\\\/?p=43954#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/indexeconomic.com\\\/?p=43954\"},\"author\":{\"name\":\"\u0639\u0628\u062f\u0647 \u0627\u0644\u0645\u0647\u062f\u064a\",\"@id\":\"https:\\\/\\\/indexeconomic.com\\\/#\\\/schema\\\/person\\\/ec72ed13059cd206a1153d37f4287a48\"},\"headline\":\"MALAYSIAN MINISTER LAUNCHES COMMODITIES INTEGRATION MARKETING COMPANY IN JEDDAH, SAUDI ARABIA TO STRENGTHEN MARKET POSITION\",\"datePublished\":\"2022-01-31T08:22:15+00:00\",\"dateModified\":\"2022-01-31T08:22:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/indexeconomic.com\\\/?p=43954\"},\"wordCount\":399,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/indexeconomic.com\\\/?p=43954#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/indexeconomic.com\\\/wp-content\\\/uploads\\\/2022\\\/01\\\/00-1.jpg\",\"articleSection\":[\"English News\"],\"inLanguage\":\"ar\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/indexeconomic.com\\\/?p=43954#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/indexeconomic.com\\\/?p=43954\",\"url\":\"https:\\\/\\\/indexeconomic.com\\\/?p=43954\",\"name\":\"MALAYSIAN MINISTER LAUNCHES COMMODITIES INTEGRATION MARKETING COMPANY IN JEDDAH, SAUDI ARABIA TO STRENGTHEN MARKET POSITION - 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