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Anwar, Modi Discuss Trade And Investment Potential, Proposed IIT Campus In Malaysia

Anwar, Modi Discuss Trade And Investment Potential, Proposed IIT Campus In Malaysia

Barnamaa day ago
BUSINESS
From Arul Rajoo Durar Raj
RIO DE JANEIRO, July 6 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim's meeting with his Indian counterpart Narendra Modi, held on the sidelines of the 17th BRICS Summit here on Sunday (Monday morning in Malaysia), touched on trade and investment opportunities as well as the proposed establishment of an Indian Institute of Technology (IIT) campus in Malaysia.
'We discussed the significant potential for expanding strategic cooperation between Malaysia and India in various fields, including trade, investment, digital technology, and defence,' Anwar said in a statement released after their meeting.
He also welcomed Indian companies' interest in investing in future-oriented sectors in Malaysia such as the digital economy, artificial intelligence, renewable energy and the aerospace industry.
'We are also committed to continuing to strengthen people-to-people relations through cooperation in the areas of culture, tourism, and education, which includes the proposal to set up the IIT campus in Malaysia,' he said.
IITs are a group of premier engineering and technology institutes in India.
Both leaders also emphasised the importance of ensuring regional peace and stability, and expressed support for just and peaceful resolutions to international issues such as Palestine and Jammu-Kashmir.
Anwar said Malaysia welcomed efforts to strengthen ASEAN–India relations with the ASEAN–India Summit scheduled to be held in October, in line with the spirit of cooperation for mutual benefit.
'May the strong ties between Malaysia and India continue to grow for the benefit and well-being of the people of both nations,' he added.
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