ASEAN to help facilitate trade globally: Malaysian PM

08:09, November 10, 2010      

Email | Print | Subscribe | Comments | Forum 

As economic growth is obviously taking place in Asia ASEAN will help lead the way in facilitating trade within ASEAN, within Asia and globally, Malaysian Prime Minister Najib Razak said on Tuesday.

Najib made the remark here in his speech delivered by Malaysian International Trade and Industry Minister Mustapa Mohamed at the launching of the International Trade (INTRADE) Malaysia 2010.

"Sustainable growth is a function of our ability to work together. Geography must serve to unite, and not divide," said Najib when touching on Malaysia's trading relationship with other ASEAN nations.

The prime minister said that with the overriding feature of the global economy being the interdependence of all national economies, Malaysia's future is linked to that of other nations.

"As the world grows increasingly interdependent, global trade among us too must not be seen as a zero-sum game but as a process of capitalizing on the synergies that each of us brings to the market," said Najib.

Najib said the Malaysian government was undertaking liberalization through engagements in free trade agreements with its major trading partners, bilaterally and through its membership in ASEAN.

He emphasized that Malaysia was fully committed to pursuing policies that can increase its trade opportunities, open its markets for foreign and domestic investors and create jobs in Malaysia.

"We have made a deliberate policy decision that we will need fair and free trade to sustain our growth trajectory. This is because ours is an open economy. We are a trading county.

"We are fully committed to pursuing policies that can increase our trade opportunities, open our markets for foreign and domestic investors and create jobs in Malaysia," said Najib.

Themed "One World, One Market Place", INTRADE Malaysia 2010 will run from Nov. 9 to 11. A total of 385 booths have been taken up by 370 companies comprising 285 Malaysian and 85 foreign participants like China, India, Japan, Thailand, Indonesia and Nigeria.

According to Najib, INTRADE was born out of the ASEAN+3 (ASEAN plus China, South Korea and Japan) to provide an avenue for the business communities of ASEAN and the three countries to explore and share trade and investment opportunities.

It has now grown to include businesses from a host of countries and is fast gaining a reputation as a premier trade event and a place for international business networking.

Source: Xinhua

(Editor:李牧(实习))

  • Do you have anything to say?

双语词典
dictionary

  
Special Coverage
  • Premier Wen Jiabao visits Hungary, Britain, Germany
  • From drought to floods
Major headlines
Editor's Pick
  • Chinese Navy soldiers hold an evening party marking the upcoming 62nd National Day aboard Chinese Navy hospital ship "Peace Ark" in the Pacific on Sept. 28, 2011. The Chinese National Day falls on Oct. 1. (Xinhua/Zha Chunming)
  • Photo taken on Sept. 30, 2011 shows the crowd at the plaza of Beijing Railway Station in Beijing, capital of China. The railway transportation witnessed a travel peak with the approach of the seven-day National Day holidays on Friday. (Xinhua)
  • A man wearing high-heel shoes takes part in the 3rd annual Walk a Mile in Her Shoes, an event when men literally walk in women's shoes to raise awareness about ending violence against women, at Yonge-Dundas Square in Toronto, Canada, Sept. 29, 2011. (Xinhua/Zou Zheng)
  • Photo taken on Sept. 29, 2011 shows a cargo ship in danger on the sea near Zhuhai City, south China's Guangdong Province. Cargo ship Fangzhou 6 of Qingzhou of southwest China's Guangxi Zhuang Autonomous Region lost control after water stormed into its cabin due to Typhoon Nesat on the sea near Zhuhai Thursday, leaving 12 crew members in danger. Rescuers rushed to the ship and saved them by using a helicopter. (Xinhua)
  • Actress Gong Li poses for L'Officiel Magazine. (Xinhua Photo)
  • Demonstrators from the Occupy Wall Street campaign hold placards as they march in the financial district of New York September 29, 2011. After hundreds of protesters were denied access to some areas outside the New York Stock Exchange on September 17, demonstrators set up a rag-tag camp three blocks away. Zuccotti Park is a campground festooned with placards and anti-Wall Street slogans. The group is adding complaints of excessive police force against protesters and police treatment of ethnic minorities and Muslims to its grievances list, which includes bank bailouts, foreclosures and high unemployment. (Xinhua/Reuters Photo)
Hot Forum Discussion