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China promises closer ties with Malaysia

Wednesday, 2 November 2016

najib razak li keqiang

BEIJING: Chinese Premier Li Keqiang has pledged to enhance the close ties between China and Malaysia.

The media was given several minutes to take pictures during his bilateral talks with Prime Minister Datuk Seri Najib Tun Razak at the Great Hall of the People here yesterday.

Former prime minister Tun Abdul Razak was the first Asean leader to establish bilateral relations with China in 1974 amid fears of communism then.

Since then, Malaysia-China bilateral trade had jumped to nearly US$100bil (RM417bil) in 2015 from a mere US$500mil (RM2bil) in 1975.

After the bilateral talks and the signing of 14 government-to-government memorandums of understanding (MoUs) witnessed by the two leaders, China’s Vice-Minister of Foreign Affairs Liu Zhenmin told that the MoUs “will bring the relations to a new heights”.

He said during the meeting, Malaysia reaffirmed its support for China’s Belt and Road initiative.

The future for economic cooperation in infrastructure, investment, trade, agriculture will be bright. There were also agreements for China to get involved in the East Coast Rail Line (ECRL) project and an oil and gas pipeline construction in Sabah.

One of the highlights of the bilateral talks was an agreement on naval defence.

This naval cooperation will help to bring stability to the South China Sea. This cooperation shows there is a high level of trust between Malaysia and China.

Liu also revealed that both sides had agreed to settle maritime disputes over the South China Sea via dialogue.

Source by: Internet

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