The Malaysia External Trade Development Corporation (MATRADE) and FedEx Malaysia have inked an MOU that will provide Malaysian SMEs with access to the logistics company's expansive network of logistics and supply chain solutions, through strategic engagements with exporters such as tailored seminars.

The seminars it said will focus on topics such as international trade compliance, techniques to succeed in international shipping and usage of innovative digital tools related to the logistics industry.

According to YB Dato' Seri Reezal Merican Naina Merican, the MoU signing represents a significant milestone in MATRADE's efforts to forge strategic alliances with key stakeholders in both the private and public sectors. "It underscores our commitment to connecting Malaysian exporters with global buyers and creating more value for the country's export community through collaborative initiatives," he said.

He added that this initiative also aligns with the 12th Malaysia Plan which emphasises on SME development, digitalisation and enhanced trade capabilities for sustainable economic growth.

Mr. Tien Long Woon, pointed out that the partnership with MATRADE emphasises FedEx's dedication in supporting the global ambitions of Malaysian SMEs. "Through this collaboration, we aim to accelerate the growth of Malaysian SMEs and contribute to the overall economic resilience of the region," he stressed.

Both organisations aim to leverage advanced logistics solutions to streamline export procedures, reduce shipping lead times and ensure efficient distribution channels. This is in recognition of the continuous need to help SMEs penetrate new markets, improve business connections and speed up processes.