KUALA LUMPUR: Malaysia will not be drawn into any "great power rivalries" and will reject economic coercion or unilateral actions that undermine regional stability, says Datuk Seri Anwar Ibrahim.
The Prime Minister said Malaysia's position is clear, stressing the country remains non-aligned and will not be dragged into any global power rivalries.
"We support a rules-based multilateral system that ensures fairness, transparency and representation for all, particularly for the Global South," said the Prime MInister in his opening address at the China Conference Southeast Asia 2025 on Monday (Feb 17).
Also present at the event were Investment, Trade and Industry Minister Datuk Seri Tengku Zafrul Abdul Aziz, Deputy Investment, Trade and Industry Minister Liew Chin Tong and Chinese ambassador to Malaysia Ouyang Yujing.
Anwar said Asean must also expand its global engagement beyond traditional partners.
"Strengthening ties with China, the Gulf Cooperation Council (GCC), BRICS and other emerging economies is not about choosing sides; rather, it is about ensuring Asean’s strategic relevance in a multipolar world.
"By diversifying its partnerships, Asean can enhance its economic resilience, tap into new investment opportunities and play a more proactive role in shaping global governance frameworks," said Anwar.
"Asean’s moment is now. We must act with urgency, unity and ambition to secure a prosperous future for all.
"This is not a time for incrementalism or short-term thinking. It is a time for bold decisions, transformative partnerships and a shared commitment to long-term prosperity," he said.
The Prime Minister said Asean’s economic resilience will also depend on how effectively the regional bloc navigates three critical challenges.
"First, supply chain disruptions and diversification. Asean must become a reliable hub for global trade and investment by reducing vulnerabilities to external shocks.
"Strengthening our industrial base through investments in advanced manufacturing, semiconductors and green technologies will be essential," said Anwar.
"Secondly, energy security and sustainability. The Asean Energy Grid and renewable energy investments will be central to ensuring that economic growth is climate conscious and long-term oriented," he added.
Malaysia’s target of 70% renewable energy by 2050, noted Anwar, will serve as a benchmark for Asean’s broader sustainability efforts.
"Thirdly, the digital economy and artificial intelligence. The Asean Digital Economy Framework Agreement must serve as a catalyst for regional transformation by prioritising AI governance, cybersecurity and digital inclusivity," said Anwar.
To ensure that all Asean member states can fully harness the benefits of technological advancements, Anwar said "we must establish common standards for data protection, facilitate seamless crossborder digital trade and invest in capacity-building initiatives that bridge the digital divide.
"By fostering a secure, innovative and inclusive digital ecosystem, Asean can position itself at the forefront of the global digital economy, driving sustainable growth and shared prosperity for the region," said Anwar.
