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

Published Jun 19, 2024

Tridge summary

On June 19, 2023, China and Malaysia signed several agreements, renewing a five-year economic cooperation pact and enabling fresh durian exports during Chinese Premier Li Qiang's visit, which commemorated 50 years of diplomatic relations. The agreements span the digital economy, green development, housing, tourism, and communications, with the new pact focusing on strategic collaboration in trade, investment, agriculture, manufacturing, infrastructure, and financial services until 2028. China also agreed to import fresh durians from Malaysia, subject to sanitary requirements. Additionally, the two nations will review visa-free travel arrangements, and China continues to be Malaysia's largest trading partner. Li's visit, part of a broader Asia-Pacific tour, includes meetings with Malaysia's King and a groundbreaking ceremony for the East Coast Rail Link, a significant project in China's Belt and Road Initiative.

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Original content

KUALA LUMPUR: China and Malaysia signed a slew of deals on Wednesday (Jun 19), renewing a five-year economic co-operation pact and allowing exports of fresh durians, during a visit by Chinese Premier Li Qiang to mark 50 years of diplomatic ties. Li met Malaysian Prime Minister Anwar Ibrahim in the administrative capital of Putrajaya, following his arrival in Kuala Lumpur on Tuesday. "China is ready to work with Malaysia," Li said in a statement, adding that focus areas included development strategies, mutually beneficial co-operation, and exchanges to promote the building of a China-Malaysia community. After Wednesday's closed-door meeting, Li and Anwar witnessed the signing of more than a dozen pacts on co-operation in areas ranging from the digital economy to green development, housing, tourism, and communications, among others. The new five-year pact that runs until 2028 provides for strategic collaboration in areas such as trade and investment, agriculture, manufacturing, ...

Source: Channelnewsasia