Friday, February 28 2003(Business Times) - PERU has expressed interest tocooperate with Malaysia in the plantation, agriculture and forestrysectors.

Peruvian Foreign Minister Allan Wagner Tizon said business collaborationsin such sectors can be promoted as Peru has vast land for agriculturalpurposes.

Speaking to reporters after calling on Foreign Minister Datuk Seri SyedHamid Syed Albar on the sidelines of the Organisation of IslamicConference (OIC) informal meeting in Kuala Lumpur, he said the oil palmsector is a potential area where Malaysia and Peru can pursue.

As part of his visit to Malaysia for the Non-Aligned Movement Summit,Tizon also called on Primary Industries Minister Datuk Seri Dr Lim KengYaik and visited the Economic Planning Unit.

Meanwhile, Syed Hamid expressed hope that several framework agreements onbilateral trade will be inked between the two countries soon.

“While we have no outstanding political issues, we are looking to deepeneconomic and trade ties,” he added.