(MENAFN- Qatar News Agency) ala Lumpur April 18 - Bilateral trade between Malaysia and the European Union (EU) was 6.0 per cent higher at RM135 billion in 2013 said Ambassador and Head of the EU Delegation to Malaysia Luc Vandebon. He also said last year the EU managed to climb up a notch to become Malaysia's third largest trading partner after China and Singapore despite economic uncertainty clouding the Eurozone. "The investment figure from the EU to Malaysia which saw more that RM5 billion in investments approved makes it plain to see why the EU matters to Malaysia and vice versa. "Collectively the EU was Malaysia's third largest foreign investor. "In 2013 EU investments grew by over 28 per cent compared with 2012 with the Netherlands leading the way at RM2.4 billion followed by Germany (RM1.7 billion) and the United Kingdom (RM500 million)" he said in his speech here today while officiating the EU-Malaysia Trade and Investment Forum 2014.
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