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Anwar moots closer US economic ties with trade, investment focus | Scoop

Anwar moots closer US economic ties with trade, investment focus

Malaysian PM makes proposals at Asean-US Summit in Jakarta

9:58 PM MYT

 

JAKARTA – Datuk Seri Anwar Ibrahim today proposed further cooperation with the United States, focusing on deeper economic collaboration through the trade and investment framework agreement and broadened economic engagement.

The prime minister emphasised the importance of supporting foreign direct investment, internationalising micro, small and medium enterprises, promoting green growth for climate sustainability, and ensuring efficient resource use and food security.

Anwar’s proposals were put forth in his intervention during the Asean-US Summit here, attended by US Vice-President Kamala Harris and led by Indonesian President Joko Widodo.

In the realm of digitalisation, Anwar encouraged the US to collaborate with Asean to advance digital transformation in the region, encompassing digital infrastructure connectivity, inclusion, 5G, as well as digital data policy and regulation.

On energy, Anwar said Asean has set a goal to generate 23% of primary energy from renewables by 2025 and seeks support from the US to achieve this target. 

Malaysia also welcomed the US Comprehensive Strategic Partnership, particularly the summit leader’s statement on advancing the Asean Outlook on the Indo-Pacific during this summit.

“This is exceptionally critical for countries committed to democratic principles and accountability in the region,” said Anwar.

During the Asean-Canada Summit attended by his Canadian counterpart Justin Trudeau, Anwar said that “Canada has been a highly dependable ally”, stating that Trudeau is well aware of Asean’s stance, along with that of his Western colleagues.

“Therefore we look forward to further collaboration in the fields, including the Asean-Canada Free Trade Agreement and issues of climate change,” he added. – September 6, 2023

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