US gives Malaysia equal trade terms: Tengku Zafrul
This reflects Malaysia's ability to secure strong trade and investment commitments without fully liberalising every sector, Tengku Zafrul added.
He added that this shows Malaysia's position as a stable, competitive and trusted player in the global supply chain.
"Malaysia did not sacrifice its national interests to gain special treatment. Instead, the negotiations preserved the country's unique policies, including protections for strategic industries and Bumiputera requirements.
"This achievement proves that developing countries like Malaysia can secure access to international trade without bowing to absolute liberalisation pressures.
"The model also sets an example for regional countries that red lines can be upheld when a nation is clear about its values, strategies and commitments," he said in Parliament today.
Tengku Zafrul also addressed concerns over Malaysia Aviation Group's (MAG) acquisition of Boeing aircraft, stressing that it was not influenced by tariff pressure but was part of a long-term fleet renewal plan.
It was meant to replace the ageing B737-800 aircraft, which have been in service for around 14 years, to ensure safety and sustainability.
According to him, MAG first ordered 25 Boeing 737-8 MAX aircraft in 2016. As of November 2023, 13 had been delivered, with the rest arriving in stages until 2027.
An additional 30 aircraft were ordered in March 2025, before the tariff announcement, with deliveries set between 2025 and 2035.
Another 30 are under planning, pending future growth strategies.
Tengku Zafrul said the procurement also covers engine costs, training, maintenance and long-term support.
He added that the aerospace sector stands to gain from this as Boeing and its local partners like BCM in Kedah, CTRM, UPECA, SME Aerospace and Plexus contribute to Malaysia's supply chain.
He noted that the industry generated RM25.1 billion in 2024 and supports 30,000 jobs.
At the same time, Tengku Zafrul said Malaysia's tourism sector is showing a strong recovery, surpassing pre-pandemic levels.
"Boeing itself projects global passenger traffic to grow by 4.7 per cent annually over the next 20 years. This investment allows Malaysia to tap into the growth potential of both the tourism and aerospace industries," he added.
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