"I would like to note that we see support for the dialogue between Russia and Malaysia at the highest level this year. Most importantly, we are increasing bilateral trade successfully," Falkov said on the sidelines of the fourth session of the joint Russian-Malaysian commission on economic, scientific, technical and cultural cooperation on Langkawi Island.
From beginning of this year, Russia-Malysian trade has risen by 32%, he highlighted.
Moscow and Kuala Lumpur continue to expand investment cooperation, the minister said. Russian factories have been producing petroleum oils and synthetic sapphire in Malaysia, with more Russian companies looking to localize production in this Southeast Asian country, Falkov stressed.