Signing of a MOU between MAPE (Malaysian Association of Professional Entrepreneurs) and the Chamber of Commerce of Dakar


Trade relations between the Republic of Senegal and Malaysia are governed by the provisions of the agreements of the World Trade Organization (WTO) of which the two (2) countries are members. To this end, the two (2) States agree to the most favored nation (MFN) clause.


The table on trade in 2014 between Senegal and Malaysia shows a trade balance structurally in deficit to the disadvantage of Senegal. From 2010 to 2014, the value of Senegalese exports to Malaysia is quite low. The best performance was in 2014 with nearly 3.4 billion CFA francs. The deficit amounted to nearly 25 billion CFA francs. The main products exported are mass cotton, phosphates and shellfish molluscs. As for imports, they increased sharply from 6.4 billion in 2010 to 28 billion in 2014, a clear increase. The main imported products remain animal and vegetable fats, paper, cardboard and other applications, machinery and equipment as well as organic and inorganic chemical products.


On the economic level, the Embassy spares no effort to promote investments, promote collaboration between financing structures of the two (2) countries, promote and assist in the diversification of exports in Senegal, develop Islamic finance and open up prospects for tourism cooperation.


As part of investment promotion, the Embassy successfully organized the mission of Malaysian investors to Senegal from July 26 to 29, 2016.


Some files are monitored including:

  • File followed by the partnership between Gainée 2.000 and Dagang Nexchange Malaysia:
    • a memorandum was signed on July 17, 2015 and a “high tech” concept proposal must be validated by the two (2) parties.


Other economic cooperation projects are being negotiated in the fields of management, road construction and the transport sector.