Strong economic ties key foundation of US-Malaysia comprehensive partnership

Strong economic ties key foundation of US-Malaysia comprehensive partnership

29 Dec 2023

Strong economic ties are a key foundation of the United States (US)-Malaysia comprehensive partnership.

The US Embassy Kuala Lumpur in a Facebook post yesterday said this year, the country and Malaysia have expanded its economic ties through various mediums, including key visits, meetings and engagements.

Also included are foreign direct investment (FDI) announcements by US companies, who are the largest investors in Malaysia.

“We advanced resilient, sustainable, and inclusive economic growth across the region through the Indo-Pacific Framework for Prosperity (IPEF) and promoted free, fair, and open trade and investment through our host year for the Asia Pacific Economic Cooperation (APEC).

“We look forward to further strengthening our cooperation and developing local communities while enhancing growth, productivity, and employment in Malaysia,” read the post, which was accompanied by several photos including a picture of Prime Minister Datuk Seri Anwar Ibrahim and wife Datuk Seri Dr Wan Azizah Wan Ismail with US President Joe Biden and first lady Jill Biden during APEC Summit held in San Francisco last month.

Source: NST