Home Business Malaysia, China mark 50 years of ties with deals on development, durians
Malaysia, China mark 50 years of ties with deals on development, durians

Malaysia, China mark 50 years of ties with deals on development, durians

by Mose Hickle

Malaysia, China mark 50 years of ties with deals on development, durians

KUALA LUMPUR: China and Malaysia signed a slew of offers on Wednesday (Jun 19), renewing a five-twelve months financial co-operation pact and allowing exports of current durians, all the method in which by method of a talk over with by Chinese Premier Li Qiang to mark 50 years of diplomatic ties.

Li met Malaysian High Minister Anwar Ibrahim within the govt. capital of Putrajaya, following his arrival in Kuala Lumpur on Tuesday.

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“China is in a position to work with Malaysia,” Li mentioned in an announcement, including that consideration areas included pattern ideas, mutually priceless co-operation, and exchanges to promote the constructing of a China-Malaysia community.

After Wednesday’s closed-door meeting, Li and Anwar witnessed the signing of greater than a dozen pacts on co-operation in areas ranging from the digital financial system to green pattern, housing, tourism, and communications, among others.

The fresh five-twelve months pact that runs till 2028 gives for strategic collaboration in areas equivalent to alternate and funding, agriculture, manufacturing, infrastructure and monetary products and services, an announcement after the meeting showed.

The five-twelve months programme became first launched in 2013.

China also agreed to permit imports of current durian from Malaysia after it meets sanitary requirements, the assertion added.

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Malaysia, one amongst the arena’s greatest producers of the spiky, smelly fruit, became previously allowed to ship finest your total frozen fruit and its products to China, with exports valued at RM1.19 billion (US$253 million) in 2023.

Source: Reuters

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