MALAYSIA-INDIA TRADE EXPECTED TO DOUBLE BY 2015

KUALA LUMPUR, Nov 18 (Bernama) -- Trade between Malaysia and India is
expected to double by 2015 as a result of many landmark agreements signed
between the two countries.

Prime Minister Najib Razak said among them were the Comprehensive Economic
Cooperation Agreement, multiple memoranda of understanding in the fields of
tourism, information technology and services, traditional medicine as well as in
research and development collaboration.

"These are significant milestones that will feature prominently in
increasing trade and investment flows between Malaysia and India.

"We are confident the country-to-country relationship will manifest
itself more intensely and significantly as the many initiatives start to take
form and generate results," he said in his speech at the TiE Asia-Pacific
Conference 2010 here Thursday.

Najib said Malaysian government had embarked on measures to provide unique
opportunities for businesses to access financial and capital markets as the
government realised that for entrepreneurs to be successful, adequate access to
finance and capital was essential.

In this regard, he said, Bursa Malaysia was working with The Indus
Entrepreneurs (TiE) to encourage Indian and non-resident Indian businesses to
take advantage of the opportunities Malaysian capital markets had to offer.

He said the Securities Commission and the Stock Exchange Board of India had
signed an agreement paving the way for improved opportunities in cross-border
capital market activities.

Najib urged foreign entrepreneurs to explore opportunities in the country's
highly-developed Islamic banking and financial services industry.

"We can confidently say our financial institutions have more than adequate
capacity to support entrepreneurs in their business endeavours," he said.
-- BERNAMA