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India Malaysia Narendra Modi Anwar ​Ibrahim Putrajaya

India, Malaysia renew pledges to boost trade, collaboration

BAKU, Azerbaijan, February 8. India’s Prime Minister Narendra Modi and his Malaysian counterpart Anwar ​Ibrahim renewed pledges on Sunday to bolster trade and explore potential collaborations in semiconductors, defense and other fields, TurkicWorld reports via Arab News.

Modi is on a two-day visit to the Southeast Asian nation, his first since ‌the two ‌countries elevated ties ‌to ⁠a comprehensive ​strategic ‌partnership in August 2024.

Anwar said the partnership included deep collaborations in multiple fields, including trade and investments, food security, defense, health care and tourism.

“It’s really comprehensive, and we believe ⁠that we can advance this and execute ‌in a speedy manner ‍with the ‍commitment of our both governments,” he ‍told a press conference after hosting Modi at his official residence in the administrative capital Putrajaya.

Following their meeting, Anwar ​and Modi also witnessed the exchange of 11 cooperation agreements, including ⁠on semiconductors, disaster management and peacekeeping.

Anwar said India and Malaysia would continue efforts to promote the use of local-currency settlement for cross-border activities and expressed hope that bilateral trade would surpass last year’s $18.6 billion.

Malaysia will also support India’s efforts to open a consulate in Malaysia’s ‌Sabah state on Borneo island, Anwar said.

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