Latest news with #ASEAN–GCC–ChinaSummit
Saudi Gazette
3 days ago
- Business
- Saudi Gazette
Saudi Arabia showcases investment prospects at ASEAN, GCC and China Economic Forum
Saudi Gazette report KUALA LUMPUR — The Saudi Ministry of Investment showcased its vast investment opportunities during its participation in the Economic Forum of ASEAN, the Gulf Cooperation Council (GCC), and China. A delegation from the Saudi public and private sectors took part in the forum, which was held alongside the ASEAN–GCC Summit and the ASEAN–GCC–China Summit, hosted by the Malaysian capital Kuala Lumpur from May 27 to 29. The participation is part of the ministry's ongoing efforts to maintain a strong presence at major international events to showcase the Kingdom's investment environment and its developments across various economic sectors. It also aimed to highlight Saudi Arabia's investment opportunities and strategic initiatives under the Saudi Vision 2030. On the forum's first day, the ministry organized a special session titled "Enhancing ASEAN-GCC-China Investments" as part of its efforts to develop the investment climate and build strategic partnerships. Saudi Deputy Minister of Investment for International Relations Sara Al-Sayed addressed the session. The ministry presented several initiatives during the session.
Barnama
3 days ago
- Business
- Barnama
ASEAN-China-GCC Cooperation Can Reap Huge Economic Benefits -- Tengku Zafrul
BUSINESS KUALA LUMPUR, May 29 (Bernama) -- ASEAN can reap huge economic benefits through deepening ties with China and the Gulf Cooperation Council (GCC), says Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz. 'The recent ASEAN–GCC–China Summit has also positioned our region as a bridge between Asia, the Middle East, and beyond. 'This trilateral partnership offers an opportunity to combine China's technology and infrastructure capacity, the GCC's energy and capital, and ASEAN's market and industrial dynamism into a new engine for growth and resilience,' he said in his keynote address at the ASEAN Business Forum 2025, here today. The speech was delivered on Tengku Zafrul's behalf by the Malaysian Investment Development Authority's (MIDA) chief executive officer, Sikh Shamsul Ibrahim Sikh Abdul Majid. Tengku Zafrul said the newly established ASEAN Geoeconomics Task Force, co-chaired by Malaysia and Indonesia, is now fully operational. He noted that the task force's mandate is to provide real-time economic analysis, scenario modelling, and coordinated policy recommendations to help ASEAN anticipate and mitigate economic risks and, where appropriate, turn them into opportunities. 'Additionally, our ministers have reaffirmed an unwavering commitment to a rules-based multilateral trading system, with the World Trade Organisation (WTO) at its core. 'Our joint statements underscore a mature, forward-looking approach as ASEAN will respond to external shocks not with retaliation, but with deeper engagement, open dialogue, and collective solutions,' he said. Meanwhile, Tengku Zafrul added that ASEAN's true superpower is the region's unity, resilience, and pragmatism.
The Sun
3 days ago
- Business
- The Sun
Malaysia pushing for progress on South China Sea Code of Conduct, Myanmar Five-Point Consensus
KUALA LUMPUR: Malaysia is actively pushing for progress on the South China Sea Code of Conduct (COC) and upholding the Five-Point Consensus on Myanmar, according to Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz. The minister emphasised that Malaysia is also focused on deepening ties with strategic partners in the Gulf Cooperation Council (GCC), Europe, the United States (US) and beyond. 'The recent ASEAN–GCC–China Summit has also positioned our region as a bridge between Asia, the Middle East, and beyond. 'This trilateral partnership offers an opportunity to combine China's technology and infrastructure capacity, the GCC's energy and capital, and ASEAN's market and industrial dynamism into a new engine for growth and resilience,' he said in his keynote address at the ASEAN Business Forum 2025, here today. The speech was delivered on Tengku Zafrul's behalf by the Malaysian Investment Development Authority's (MIDA) chief executive officer, Sikh Shamsul Ibrahim Sikh Abdul Majid. Tengku Zafrul said the newly established ASEAN Geoeconomics Task Force, co-chaired by Malaysia and Indonesia, is now fully operational. He noted that the task force's mandate is to provide real-time economic analysis, scenario modelling, and coordinated policy recommendations to help ASEAN anticipate and mitigate economic risks and, where appropriate, turn them into opportunities. 'Additionally, our ministers have reaffirmed an unwavering commitment to a rules-based multilateral trading system, with the World Trade Organisation (WTO) at its core. 'Our joint statements underscore a mature, forward-looking approach as ASEAN will respond to external shocks not with retaliation, but with deeper engagement, open dialogue, and collective solutions,' he said. Meanwhile, Tengku Zafrul added that ASEAN's true superpower is the region's unity, resilience, and pragmatism. 'As the world undergoes a profound realignment, ASEAN's unity and centrality matter more than ever. 'From the Asian Financial Crisis to the pandemic to the present day, ASEAN has shown the world that collective action, trust, and shared purpose are the bedrock of our success,' he added.
The Sun
3 days ago
- Business
- The Sun
Pushing for progress on South China Sea COC, Myanmar Five-Point Consensus
KUALA LUMPUR: Malaysia is actively pushing for progress on the South China Sea Code of Conduct (COC) and upholding the Five-Point Consensus on Myanmar, according to Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz. The minister emphasised that Malaysia is also focused on deepening ties with strategic partners in the Gulf Cooperation Council (GCC), Europe, the United States (US) and beyond. 'The recent ASEAN–GCC–China Summit has also positioned our region as a bridge between Asia, the Middle East, and beyond. 'This trilateral partnership offers an opportunity to combine China's technology and infrastructure capacity, the GCC's energy and capital, and ASEAN's market and industrial dynamism into a new engine for growth and resilience,' he said in his keynote address at the ASEAN Business Forum 2025, here today. The speech was delivered on Tengku Zafrul's behalf by the Malaysian Investment Development Authority's (MIDA) chief executive officer, Sikh Shamsul Ibrahim Sikh Abdul Majid. Tengku Zafrul said the newly established ASEAN Geoeconomics Task Force, co-chaired by Malaysia and Indonesia, is now fully operational. He noted that the task force's mandate is to provide real-time economic analysis, scenario modelling, and coordinated policy recommendations to help ASEAN anticipate and mitigate economic risks and, where appropriate, turn them into opportunities. 'Additionally, our ministers have reaffirmed an unwavering commitment to a rules-based multilateral trading system, with the World Trade Organisation (WTO) at its core. 'Our joint statements underscore a mature, forward-looking approach as ASEAN will respond to external shocks not with retaliation, but with deeper engagement, open dialogue, and collective solutions,' he said. Meanwhile, Tengku Zafrul added that ASEAN's true superpower is the region's unity, resilience, and pragmatism. 'As the world undergoes a profound realignment, ASEAN's unity and centrality matter more than ever. 'From the Asian Financial Crisis to the pandemic to the present day, ASEAN has shown the world that collective action, trust, and shared purpose are the bedrock of our success,' he added.
Barnama
5 days ago
- Politics
- Barnama
Sidang Kemuncak ASEAN-GCC-China Pacu Era Baharu Kerjasama Tiga Hala Serantau
Media representatives watch Prime Minister Datuk Seri Anwar Ibrahim deliver his opening remarks on the big screen at the International Media Centre, during the ASEAN–GCC–China Summit at the Kuala Lumpur Convention Centre today. -- fotoBERNAMA (2025) COPYRIGHT RESERVED
