Home Business & Finance Malaysia’s Prime Minister Talks about Country’s Economic Relationship with Neighboring Countries

Malaysia’s Prime Minister Talks about Country’s Economic Relationship with Neighboring Countries

For a while now, opposition parties in Malaysia have accused the current government of selling of the country’s sovereignty in joint venture efforts with foreign countries. However, the country continues to be on strong economic standing at the moment and recently, the country’s prime minister, Datuk Seri Najib Razak said that the current government has always wanted to maintain good relationships with neighboring countries.

Najib commented that high-impact projects will open up new opportunities for the country’s economy while strengthening its relationships with others. He said, “Malaysia always believes in the spirit of diplomacy. Confrontational approach is not our way of resolving issues. Thus, it is important for us to maintain the good relations we have with others.”

“As for our good relations with China, the country has now become one of the top 10 major foreign investors in Malaysia. So please don’t look at the context of this good relationship as ‘selling our sovereignty.”

“On the other hand, see this as an initiative towards strengthening diplomacy and economic ties, especially in the context of investment and exports, which will bring many benefits in the long term.”

Additionally, he also dismissed the notion that the country was about to go bankrupt as he mentioned country’s firm economic policies. He added, “Who says we are going bankrupt? At the moment, the ringgit is one of the best-performing currencies in the world. The government’s financial position is also very good, enabling various development and transformation agendas to be planned and implemented.”

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