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Malaysia–Spain relations are the bilateral foreign relations between Malaysia and Spain. Malaysia has an embassy in Madrid, and Spain has an embassy in Kuala Lumpur.
In 2011, the total Malaysian exports to Spain stood at $620 million while Spanish exports to Malaysia were worth around $320 million. Malaysia is where the largest Spanish investment in Southeast Asia is mostly concentrated with a large presence of Spanish companies while the presence of Malaysian companies in Spain is relatively small. One of the Spanish companies, GMV, is also involved in the development of the proposed high-speed train between Kuala Lumpur and Singapore. Major Spanish exports to Malaysia include electrical machinery, iron and steel, fertilisers, chemicals and textiles while major Malaysian exports to Spain include rubber,
History
Spain established a diplomatic relations with Malaysia on 12 May 1967 and both the Malaysian and Spanish embassy were opened in 1986. A firststate visit
A state visit is a formal visit by a head of state to a foreign country, at the invitation of the head of state of that foreign country, with the latter also acting as the official host for the duration of the state visit. Speaking for the host ...
was made by the Malaysian ninth Yang di-Pertuan Agong of Azlan Shah
Sultan Azlan Muhibbuddin Shah ibni Almarhum Sultan Yussuff Izzuddin Shah Ghafarullahu-lah ( Jawi: ; 19 April 1928 – 28 May 2014) was the 34th Sultan of Perak and served as the ninth Yang di-Pertuan Agong of Malaysia from 26 April 1989 to 25 ...
in July 1992 while the King of Spain
, coatofarms = File:Coat_of_Arms_of_Spanish_Monarch.svg
, coatofarms_article = Coat of arms of the King of Spain
, image = Felipe_VI_in_2020_(cropped).jpg
, incumbent = Felipe VI
, incumbentsince = 19 Ju ...
Juan Carlos with Queen Sofía visit Malaysia on 4 April 1995.
Economic relations
In 2011, the total Malaysian exports to Spain stood at $620 million while Spanish exports to Malaysia were worth around $320 million. Malaysia is where the largest Spanish investment in Southeast Asia is mostly concentrated with a large presence of Spanish companies while the presence of Malaysian companies in Spain is relatively small. One of the Spanish companies, GMV, is also involved in the development of the proposed high-speed train between Kuala Lumpur and Singapore. Major Spanish exports to Malaysia include electrical machinery, iron and steel, fertilisers, chemicals and textiles while major Malaysian exports to Spain include rubber, palm oil
Palm oil is an edible vegetable oil derived from the mesocarp (reddish pulp) of the fruit of the oil palms. The oil is used in food manufacturing, in beauty products, and as biofuel. Palm oil accounted for about 33% of global oils produced from ...
and electrical device components. Both countries were also in the process to increase trade relations especially in tourism and the marine industry. An agreement on avoidance of double taxation and fiscal evasion has been signed between the two countries. There is also a Malaysian Spanish Chamber of Commerce and Industry.
See also
*Foreign relations of Malaysia
Malaysia is an active member of various international organisations, including the Commonwealth of Nations, the United Nations, the Organisation of Islamic Cooperation, and the Non-Aligned Movement. It has also in recent times been an activ ...
* Foreign relations of Spain
The foreign relations of Spain could be constructed upon the foreign relations of the Hispanic Crown. The personal union of Castile and Aragon that ensued with the joint rule of the Catholic Monarchs was followed by the annexation of the Kingd ...
References