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Published: Monday April 28, 2014 MYT 11:19:00 AM
Updated: Monday April 28, 2014 MYT 1:57:52 PM

Malaysian, American companies ink deals worth US$2bil

Obama giving a speech as Najib looks on at the signing ceremony between Malaysian and American companies. - Bernama

Obama giving a speech as Najib looks on at the signing ceremony between Malaysian and American companies. - Bernama

KUALA LUMPUR: US President Barack Obama witnessed the signing of several commercial deals between Malaysian and American companies worth US$2bil in the aviation, biotechnology and insurance sectors.

Also present at the event in a hotel here on Monday was Prime Minister Datuk Seri Najib Tun Razak.

The two leaders held bilateral talks in Putrajaya on Sunday, which saw both nations agreeing to upgrade their relations to a ‘comprehensive partnership’. 

The US also pledged to continue assisting Malaysia in the mission to locate the missing Malaysia Airlines Flight MH370.

Other highlights of Obama's visit was his townhall session with youth leaders from across South-East Asia and a visit to the National Mosque.

The president also attended a state banquet with Yang di-Pertuan Agong Tuanku Abdul Halim Mu'adzam Shah at Istana Negara a few hours after his arrival on Saturday. 

Malaysia was the third leg of Obama's four-nation tour of Asia. Prior to Malaysia, the 44th American president had visited Japan and South Korea. He heads to the Philippines on Monday.

Obama's visit to Malaysia was the first by a sitting US President since President Lyndon B. Johnson in 1966.

 

Tags / Keywords: Barack Obama, US President, United States, Malaysia, Asia Pacific

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