KUALA LUMPUR, Sept 15 (Bernama) — In a move to enhance ASEAN member countries’ competitiveness as a region, the Malaysian Timber Council (MTC) signed a Memorandum of Understanding (MoU) with the Thai Hevea Wood Association (THA) and the Wood Processing Industry Club at The Federation of Thai Industries (FTI) in Songkhla, Thailand, yesterday.
The MoU, which was signed by MTC CEO Mr. Muhtar Suhaili, THA President Mr Nikorn Likhitwangphanit and FTI Wood Processing Industry Club’s Chairman Mr. Akarin Vongapirat. will help to promote the development of the Malaysian and Thailand timber trade as well as establish timber trade standardisation between the two countries. The MoU also include promotional activities for MTC’s upcoming Malaysian Wood Expo (MWE) to encourage participation from Thai timber-industry players in the fair.