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Thursday, September 7, 2023

PM proposes enhanced US economic ties at Asean Jakarta summit

 


Prime Minister Anwar Ibrahim yesterday proposed further cooperation with the US, focusing on deeper economic collaboration through the trade and investment framework agreement and broadened economic engagement.

He emphasised the importance of supporting foreign direct investment, internationalising micro, small, and medium enterprises, promoting green growth for climate sustainability, and ensuring efficient resource use and food security.

The prime minister’s proposals were put forth in his intervention during the 11th Asean-US Summit in Jakarta, Indonesia, attended by US vice-president Kamala Harris and led by Indonesian president Joko Widodo.

In the realm of digitalisation, he encouraged the US to collaborate with Asean to advance digital transformation in the region, encompassing digital infrastructure connectivity, inclusion, 5G, as well as digital data policy and regulation.

On energy, Anwar said Asean has set a goal to generate 23 percent of primary energy from renewables by 2025 and seeks support from the US to achieve this target.

Malaysia also welcomed the US Comprehensive Strategic Partnership, particularly the summit leader’s statement on advancing the Asean outlook on the Indo-Pacific during this summit.

US vice-president Kamala Harris

“This is exceptionally critical for countries committed to democratic principles and accountability in the region,” he said.

During the Asean-Canada Summit attended by Justin Trudeau, Anwar said “Canada has been a highly dependable ally”, stating that Trudeau is well aware of Asean’s stance, along with that of his Western colleagues.

Prime Minister Anwar Ibrahim (left) and Canada Prime Minister Justin Trudeau

“Therefore we look forward to further collaboration in the fields, including the Asean-Canada Free Trade Agreement and issues of climate change,” he added.

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