Malaysia, India step up cooperation across sectors
Malaysian Prime Minister Datuk Seri Anwar Ibrahim, who freshly concluded a three-day official visit to India, has noted that during the visit, investment commitments totalling 4.5 billion RM were secured from various sectors and companies in the South Asian nation, according to Malaysia’s national news agency Bernama.
Malaysian Prime Minister Datuk Seri Anwar Ibrahim delivers a speech during a gathering with the Malaysian diaspora in India at the multipurpose hall of the Malaysian High Commission in India on Aug 20, 2024. (Source: Bernama)
Kuala Lumpur (VNA) - Malaysian Prime Minister Datuk Seri Anwar Ibrahim, who freshly concluded a three-day official visit to India, has noted that during the visit, investment commitments totalling 4.5 billion RM were secured from various sectors and companies in the South Asian nation, according to Malaysia’s national news agency Bernama.
Malaysia has obtained potential trade worth 8 billion RM (1.83 billion USD) in the palm oil and palm oil-based product, chemicals and chemical product, oil and gas, as well as aircraft spare part sectors, the PM told the press.
The total trade between Malaysia and India amounted to 72.31 billion RM in 2023.
Anwar said his visit to India also saw the signing of eight memoranda of understanding (MoUs) between the two governments as well as seven business-to-business MoUs between the countries, adding that during his meeting with Modi, both sides have agreed to boost comprehensive partnership in all areas, including digital, tourism, education, research and culture.
On the possib𒉰ility of Malaysia extending the period of free visa granted to Indians, Anwar said Malaysia will give that facility if there is a similar response from the🐎 Indian government./.
Malaysia's Prime Minister (PM) Anwar Ibrahim said during his official visit to India from August 19-21 that he supports the idea of more Malaysia- India trade exchange using national currencies, reported Bernama news agency.
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