During an official visit to Malaysia, Indian Prime Minister Narendra Modi met with his Malaysian counterpart, Anwar Ibrahim, where both leaders agreed to further strengthen the trade relations between the two nations.
This visit marks Prime Minister Modi’s first trip to Malaysia since the establishment of a Comprehensive Strategic Partnership in August 2024, which was aimed at elevating bilateral ties.
In their discussions, the two leaders agreed to explore enhanced cooperation across various sectors, including semiconductors and defense. Prime Minister Anwar stated that under the established partnership, both countries intend to collaborate in trade and investment, food security, healthcare, and tourism.
Speaking to the press, Anwar described the partnership as a truly comprehensive one, covering a wide range of sectors. He expressed confidence that both nations are committed to advancing this relationship and ensuring the swift implementation of agreed initiatives, noting that both governments are fully prepared to proceed with these efforts.
Following the meeting, Prime Minister Modi and Prime Minister Anwar witnessed the signing of 11 Memorandums of Understanding (MoUs) aimed at fostering mutual cooperation. These agreements include collaboration in the semiconductor industry, disaster management, and peacekeeping operations.
Furthermore, Prime Minister Anwar emphasized that both India and Malaysia remain committed to promoting the use of their respective national currencies in bilateral trade settlements. He expressed optimism that the volume of trade between the two countries would exceed last year’s total of $18.6 billion. Additionally, Anwar assured that Malaysia would provide its full support for the establishment of an Indian Consulate in the state of Sabah on Borneo Island.
