Amid war in Ukraine, Malaysia opens door to supply electronics, semiconductors to Russia

Despite fact that Western countries are trying to isolate Russia for its unjustified attack on Ukraine by imposing harsh sanctions, some countries are reluctant t to put ir relationship with Russia in jeopardy, as it was anunced that Malaysia is rey to consider supply of electronics and semiconductors to Russia if it asks for it.

As per RIA vosti, Malaysia's ambassor to Moscow, Bala Chandran, said that country will examine any request from Russia for sale of semiconductors and electronics.

Chandran also said that Malaysian ecomy is driven by market and that he is confident that any request for products from Russian side will be taken into account. He furr stated that he is t aware of any government-level conversations at this time, but expressed hope for a business-to-business interaction with Russian Federation. ambassor also said that he is delighted that people believe Malaysia has potential to become a supplier of high-tech equipment to Russia.

Malaysia is one of world's major exporters of semiconductors

With an annual volume of $8.7 billion, Malaysia is one of world's major exporters of semiconductors. Malaysia's electronics sector accounts for over 6% of country's GDP. ambassor also claimed that Malaysia is a tre state and as a result, ir business sector will respond to demand and supply of products on global market, including semiconductors, electronics and electronic ggets. Malaysia and Vietnam have agreed to refrain from supporting Russian sanctions.

After Russia began military aggression in Ukraine on February 24, Western countries retaliated by imposing bro sanctions on Moscow, focusing on banking sector and supply of high-tech goods. Several companies have stated that y will longer operate in Russia as a result of its action in Ukraine. Russia chastised se moves, stating that se actions are thing but ecomic war.

Aviation problem in Malaysia due to Russia-Ukraine conflict

In meanwhile, parent company of Malaysia Airlines Bhd, Malaysia Aviation Group (MAG) said on Thursday that Russia-Ukraine conflict has posed challenges in managing MAG's operating costs, which are directly impacted by escalating fuel prices as global crude oil prices exceed US$100 per barrel, according to Edge Markets.

Im: AP/ Unsplash