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India, Malaysia elevate ties to comprehensive strategic partnership

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India, Malaysia elevate ties to comprehensive strategic partnership

PM Modi and his Malysian counterpart Anwar Ibrahim elevate India-Malaysia ties to comprehensive strategic partnership, focusing on trade, investment, and new areas of cooperation

Prime Minister Narendra Modi with his Malaysian counterpart Anwar Ibrahim during a meeting at Hyderabad House in New Delhi on August 20, 2024.

Prime Minister Narendra Modi with his Malaysian counterpart Anwar Ibrahim during a meeting at Hyderabad House in New Delhi on August 20, 2024.
| Photo Credit: Sushil Kumar Verma

India and Malaysia on Tuesday (August 20, 2024) decided to elevate their ties to the level of comprehensive strategic partnership following talks between Prime Minister Narendra Modi and his Malaysian counterpart Anwar Ibrahim.

The two sides inked a number of pacts, including one on employment and repatriation of workers and another on boosting cooperation in the area of digital technologies.

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Mr. Ibrahim began his three-day visit to India on Monday (August 19, 2024) night. It is his first visit to India as Prime Minister.

The larger focus of the PM Modi-Ibrahim talks was to expand trade and investment and explore cooperation in new and emerging areas.

We have decided that the India-Malaysia partnership will be elevated to a Comprehensive Strategic Partnership, PM Modi said in his media statement, adding there is a lot of potential for cooperation in the economic sphere.

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PM Modi also described Malaysia as an “important partner” of India in the ASEAN (Association of Southeast Asian Nations) and Indo-Pacific region. We agreed that review of the free trade agreement between India and ASEAN should be completed in a timely manner.

The Prime Minister also said that work will be done to link India’s payment system UPI with Malaysia’s PayNet.

The two sides also deliberated upon new possibilities of cooperation in the defence sector as well.

“We have unanimous views in combating terrorism and extremism,” PM Modi said.

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In an apparent reference to the situation in South China Sea, PM Modi said, “We are committed to freedom of navigation, overflight as per international laws and favour resolution of all disputes peacefully.”

In his remarks, Mr. Ibrahim said all issues, sensitive or likewise, were discussed in reflection of the true meaning of friendship between the two countries.

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