PETALING JAYA: Malaysia is adopting a pragmatic approach to addressing uncertain global trade conditions, particularly concerning two economic giants, the US and China, says Anwar Ibrahim.
He said that although it is undeniable that the recent moves by the US to increase tariffs on some countries could potentially have negative impacts, Malaysia would continue to strive alongside its Asean member states.
“As discussed by the Asean ministers during the recent meetings on trade and finance, we will increase our intra-Asean collaboration.
“Asean itself has a strong position and we would not sever our ties with any countries,” he said during an Agenda Awani exclusive interview in conjunction with Chinese President Xi Jinping’s state visit on Wednesday night (April 16).
Anwar also stated that Malaysia’s ties with the US remain strong, as demonstrated by the significant level of trade between the two countries across various sectors.
“Our principle is that we practise free trade and we encourage investment.
However, we will not be pressured by any side," he said, adding that the principle was also adopted consensually by Asean member states for the betterment of the people in the region.
Anwar said that Malaysia has no issues with China.
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“As long as we are treated as good friends, we (Malaysia) will reciprocate much better.” he added.
He also said Xi’s visions went beyond economic and trade cooperation, which was also in line with Malaysia Madani.
“Madani emphasises humanity values, togetherness and the spirit in civilisation-building.
“During my previous meetings with Xi, he had also emphasised the importance of historical value and civilisation, while discourses on technology and economy are equally important,” said Anwar.
Commenting on the maritime border disputes, Anwar called out the western blocs for singling out China over the issue, saying that Malaysia was also dealing with other Asean countries regarding the issue.
“Even if we have problems, we will find a common ground through negotiations. There was never any intimidation,” Anwar added.
When asked about the relevance of hosting the Asean-Gulf Cooperation Council (GCC) Summit and China's involvement, Anwar said that this would further strengthen ties between the Gulf countries and the East Asian nation as well.
He added that this decision was taken to fortify trade and friendship among the countries involved.
The Gulf nations—Saudi Arabia, the United Arab Emirates, Bahrain, Qatar, Kuwait, and Oman—are set to attend the Asean-GCC-China Summit next month in Kuala Lumpur.
