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The Sun
44 minutes ago
- The Sun
Anwar Invites Trump to Asean, East Asia Summits in KL in October
KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim has extended an official invitation to United States (US) President Donald Trump to attend the Asean–US Summit and the East Asia Summit, both scheduled to be held in Kuala Lumpur this October. In a Facebook post following his meeting with US Secretary of State Marco Rubio, Anwar said the high-level engagement reflected a shared commitment to elevate Malaysia–US relations to the level of a Comprehensive Strategic Partnership. He said the meeting opened avenues for enhanced cooperation in several key sectors, including digital investment, artificial intelligence, defence and education. 'We also exchanged views on pressing regional issues, including the situations in Palestine, Ukraine and Myanmar,' he said. Anwar also raised Malaysia's concerns over Washington's planned 25% import tariff on Malaysian goods, announced by Trump earlier this week. 'Malaysia views such unilateral actions as disruptive to the flow of free trade and potentially harmful to regional economic growth, especially for trading nations like Malaysia,' he said. 'Negotiations must remain open to ensure trade outcomes that are fair, balanced, and do not disadvantage developing countries.' Despite trade tensions, Anwar expressed confidence that close cooperation with the US would not only strengthen bilateral ties, but also serve as a catalyst for stability, prosperity and peace across the Indo-Pacific region. Rubio's visit marks his first to Asia as Secretary of State. The 25% tariff on Malaysian imports is scheduled to take effect on Aug 1, following a 90-day negotiation window that began in April.
BusinessToday
an hour ago
- BusinessToday
ASEAN Reaffirms ASEAN Plus Three As Key Pillar For East Asian Peace And Prosperity
ASEAN has reaffirmed its collective commitment to strengthening the ASEAN Plus Three cooperation framework as a vital force for peace, stability and shared prosperity in East Asia, said Malaysian Foreign Minister Datuk Seri Mohamad Hasan. Speaking at the ASEAN Plus Three Foreign Ministers' Meeting on the sidelines of the 58th ASEAN Foreign Ministers' Meeting, Mohamad underscored the enduring value of the ASEAN Plus Three platform, which includes China, Japan and South Korea, in promoting regional dialogue and practical cooperation. 'ASEAN Plus Three must remain a driving force in shaping a stable, peaceful and prosperous East Asia. We must deepen our cooperation in areas that matter most to our people, including economic integration, food and energy security, public health and climate resilience,' Mohamad said. Mohamad highlighted the importance of strengthening supply chain connectivity, digital transformation and financial cooperation, noting that regional resilience depends on collective action and mutual trust among ASEAN Plus Three partners. He also called for greater synergy between ASEAN Plus Three mechanisms and broader regional efforts, including the East Asia Summit, to address evolving geopolitical and economic challenges. The reaffirmation of ASEAN Plus Three's strategic role comes as ASEAN navigates a rapidly shifting global landscape, with leaders placing renewed emphasis on regional self-reliance and multilateralism as the foundation for long-term peace and prosperity. Related
The Star
an hour ago
- The Star
Asean facing a perfect storm of global challenges, says Mat Hasan
KUALA LUMPUR: Rising unilateralism and nationalism are increasingly sidelining multilateral cooperation – a core pillar of global stability now under strain, says Foreign Minister Datuk Seri Mohamad Hasan. "Today, we are once again being tested. The region is facing what might be called the perfect storm," he said in remarks at an Asean Plus Three (APT) gathering here on Thursday (July 10). "The challenges are multi-fold, ranging from intensifying great power rivalry, economic fragmentation, technological disruptions and trans-boundary threats." Despite the difficulties, Mohamad expressed confidence in the region's ability to overcome them through "collective steadfastness and strong commitment to dialogue and cooperation." He pointed to recent developments that signal progress within the APT framework, including the endorsement of the Rapid Financing Facility (RFF) under the Chiang Mai Initiative Multilateralisation (CMIM) and the momentum generated from leaders' statements on the Electric Vehicle Ecosystem (2023) and Regional Supply Chain Connectivity (2024). "These are not isolated achievements. They illustrate the APT's capacity to generate value, respond with agility and lead with foresight," he said. Looking ahead, Mohamad emphasised the need for APT to remain "agile, well-coordinated, and forward-looking," particularly in embracing frontier technologies. He said Asean's digital transformation is projected to contribute approximately US$2 trillion to regional gross domestic product (GDP), with China, Japan and South Korea playing a key role in technological expertise. "These initiatives align with Malaysia's objectives as Asean Chair to narrow development gaps, promote sustainable growth and foster peace through mutual trust and cooperation," he said. Mohamad also highlighted the strategic weight of the APT bloc, which collectively represents a population of 2.28 billion and a combined nominal GDP of around US$29.33 trillion, or 25.77% of global GDP. "This scale underscores the global relevance of our partnership and the responsibility we bear in ensuring regional stability and inclusive development," he said. Established in 1997 to address the Asian financial crisis, the APT framework has since evolved into one of the region's most resilient models of cooperation. "It is a hallmark of teamwork that is dependable and dynamic. "It enables us to consult, coordinate and cooperate not only in times of crisis, but also in our collective pursuit of sustained peace, inclusive growth and shared resilience in East Asia," he said.
