UK, Malaysia initiate negotiations on digital trade agreement

“In a statement, it said the DTA aims to make digital trade with Malaysia easier, cheaper and more secure through cross-border data flows, while reducing paperwork and border friction through digital systems and ensuring strong protections for personal data, intellectual property, online consumers and cybersecurity.”

“According to the British High Commission, the UK is a world leader in digital trade and has a growing trading relationship with Malaysia, worth £6.4 billion (~$8.4) in 2025.”

“It said the UK exported £730 million worth of digitally delivered services to Malaysia in 2023, while the Organisation for Economic Co-operation and Development (OECD) estimates that in 2022, exports to Malaysia supported 31,100 UK jobs.”

https://www.bernamabiz.com/news.php?id=2571911

Scroll to Top