India and Malaysia elevated their ties to a Comprehensive Strategic Partnership, marking a new chapter in their relationship.
India and Malaysia officially elevated their bilateral relationship to a Comprehensive Strategic Partnership during Malaysian Prime Minister Anwar Ibrahim’s visit to India in August 2024. This milestone builds on their existing 2010 Strategic Partnership and 2015 Enhanced Strategic Partnership, marking a significant step forward in their collaboration.
The Comprehensive Strategic Partnership encompasses a wide range of areas, including trade, defence, digital technology, education, and culture. During the visit, both nations signed key Memorandums of Understanding (MoUs) on workers’ mobility, digital technologies, culture, tourism, sports, and education. “These agreements reflect the growing synergy between our countries and our shared commitment to a prosperous future,” said PM Anwar Ibrahim.
India also expressed its willingness to support Malaysia’s aspiration to join the BRICS grouping, a move strongly advocated by PM Ibrahim.
Economic collaboration between India and Malaysia is poised for significant growth. Both nations celebrated a record bilateral trade volume of $19.5 billion in 2023, with an ambitious target to increase this figure to $25 billion by 2025.
“Our economic partnership is a cornerstone of our relationship, and we are determined to achieve new heights,” said Indian officials during the discussions. Additionally, cooperation in digital technologies, particularly in fintech, cybersecurity, and artificial intelligence, emerged as a focal point. The creation of the Malaysia-India Digital Council is expected to accelerate progress in these sectors.
The leaders also addressed geopolitical concerns, particularly the stability of the Indo-Pacific region. They reaffirmed their commitment to freedom of navigation and the peaceful resolution of disputes in accordance with international law, including the United Nations Convention on the Law of the Sea (UNCLOS) 1982. Both sides strongly condemned terrorism in all its forms and emphasized the need to combat the connections between terrorism and transnational organized crime.
Defence cooperation stands as a vital pillar of the upgraded partnership. India and Malaysia agreed to enhance military exchanges, conduct joint exercises, and explore opportunities for defence industry collaboration. Potential joint ventures in defence production and research and development were also discussed, paving the way for deeper strategic ties.
Also Read: Bharat Progress Report 2024: 100 Nations Attended 3rd Voice Of The Global South Summit In India
Released on November 16, 1990, Home Alone centers on Kevin McCallister, an outspoken 8-year-old portrayed…
While the ideal way to experience films remains on the big screen, many outstanding titles…
Focused on developing eco-friendly accommodations with a zero carbon footprint, Eco Hotels is on track…
While data has become the cornerstone of modern mobile services, TRAI’s new policies ensure that…
Travis Head is fit and roaring to go for the much-anticipated Boxing Day Test against…
The internet, as it often does, took this opportunity to humorously imagine what her LinkedIn…