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New Straits Times
27-05-2025
- Business
- New Straits Times
[UPDATED] Anwar: Amid global uncertainty, Asean-GCC ties more important than ever
KUALA LUMPUR: The relationship between Asean and the Gulf Cooperation Council (GCC) will be pivotal in strengthening interregional collaboration, fostering resilience, and ensuring sustainable prosperity for their peoples. Asean Chairman and Prime Minister Datuk Seri Anwar Ibrahim said that both Asean and the GCC possessed the capacity and shared responsibility to emerge as pillars of stability and drivers of future growth. "Asean remains one of the most peaceful and economically vibrant regions in the world. Meanwhile, the GCC has made a remarkable transformation — from a perception rooted in a desert culture to a thriving, forward-looking region driven by advanced technologies, including digital innovation and artificial intelligence. "I believe the Asean-GCC partnership has never been more vital than it is today, as we navigate an increasingly complex global environment marked by economic uncertainty and geopolitical challenges "A stronger Asean-GCC relationship will be key to enhancing inter-regional collaboration, building resilience, and securing sustainable prosperity for our peoples," he said in his opening remarks of the 2nd Asean-GCC Summit today. Anwar said that the positive momentum of the Asean-GCC Framework of Cooperation 2024–2028, adopted during the previous summit, outlines a comprehensive strategy to deepen engagement across all three pillars of cooperation. Describing the summit as "quite extraordinary," he expressed appreciation for the presence of both Asean and GCC leaders in Malaysia, which he said reflected their collective commitment to work together more closely. He said today's deliberations would be crucial in ensuring that its partnership remained dynamic, responsive, and impactful. "This Summit builds upon the foundations laid during the inaugural summit in Riyadh in 2023. Your presence is a testament to our shared commitment to foster stronger bonds between our two regions and further strengthen our strategic ties. Anwar also said that Malaysia's Asean chairmanship theme, Inclusivity and Sustainability, encapsulated the region's aspirations for equitable, people-centred, and future-oriented growth. "This theme aligns closely with the values upheld by both Asean and the GCC — stability through unity, prosperity through cooperation, and resilience through shared responsibility." He said that investments between the two regions continued to grow, reflecting increasing confidence in the long-term potential of the partnership. In 2023, the GCC was Asean's seventh-largest trading partner, with total trade reaching US$130.7 billion.

The Star
27-05-2025
- Business
- The Star
Asean and GCC can be anchors of stability and engines for growth, says PM
KUALA LUMPUR: Asean and the Gulf Cooperation Council (GCC) have the means and responsibility to rise as anchors of stability and engines for growth, says Datuk Seri Anwar Ibrahim. The Prime Minister said deliberations during the Second Asean-GCC Summit, being held here concurrently with the 46th Asean Summit, will be crucial in ensuring that the partnership remains dynamic, responsive and impactful. ALSO READ: Asean summits today to reinforce Malaysia's role in steering strategic cooperation "So the Asean-GCC relationship will certainly be key in enhancing inter-regional collaboration, building resilience and securing sustainable prosperity for all. "I look forward to a meaningful exchange of views that will pave the way for tangible initiatives under our growing and enduring partnership," Anwar said in his opening remarks during the opening of the Second Asean-GCC CSummit on Tuesday (May 27). Anwar said the foundation for this collaboration was laid during the inaugural summit in Riyadh in 2023. "And your presence is a testament to our shared commitment to foster strong bonds. The theme for Asean this year is Inclusivity and Sustainability. "And we proceed with the Asean-GCC Framework of Cooperation 2024 to 2028, which was adopted at the inaugural (Asean-GCC) summit," he said. ALSO READ: Asean–GCC–China summit reflects cooperation in a multipolar world, says Anwar According to Anwar, GCC was Asean's seventh-largest trading partner in 2023, with US$130.7bil (RM550bil). "As I said last night, Asean happens to be the most peaceful region, (and also) economically vibrant and dynamic. "GCC also, as I said, made a major paradigm shift from a gloomy desert culture to a vibrant, promising, dynamic economy with the latest state-of-the-art technology (including) digital and AI expertise," he said. The Prime Minister also highlighted the extraordinary achievement of gathering the leaders here. "In our experience in this region (it is) quite extraordinary... to be able to bring not only Asean leaders but the most dynamic GCC countries into this region to work together, build on trust, cooperation and true friendship," he said. The first summit in Riyadh, Saudi Arabia in October 2023 saw the gathered leaders endorse the Asean-GCC Framework of Cooperation (2024-2028), a historic milestone in inter-regional relations. The GCC, comprising Bahrain, Kuwait, Oman, Qatar, Saudi Arabia,and the United Arab Emirates (UAE), was founded in 1981 to foster political and economic cooperation among Gulf countries.


New Straits Times
25-05-2025
- Business
- New Straits Times
Asean, GCC leaders arrive in Malaysia for second Asean-GCC Summit, 46th Asean Summit
SEPANG: Leaders from Southeast Asia and the Gulf Cooperation Council (GCC) have begun arriving in Malaysia for the second Asean-GCC Summit, to be held concurrently with the 46th Asean Summit, set to take place on May 26 and 27 in Kuala Lumpur. The secretary-general of the GCC, Jasem Mohamed AlBudaiwi, arrived at the Kuala Lumpur International Airport (KLIA) here at 1.18pm. Kuwaiti Foreign Minister Abdullah Ali Al-Yahya arrived today at 10.15am, followed by Speaker of the House of Representatives of the Philippines Ferdinand Martin Gomez Romualdez at 11.40am, while Omani Undersecretary for Political Affairs at the Foreign Ministry, Sheikh Khalifa Ali al Harthy, had arrived earlier at 7.30am. The first Asean-GCC Summit was held in Riyadh, Saudi Arabia, in October 2023, where leaders endorsed the Asean-GCC Framework of Cooperation (2024–2028), marking a historic milestone in inter-regional relations. The GCC, comprising six countries, namely, Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates (UAE), was founded in 1981 to foster political and economic cooperation among the Gulf countries. The second Asean-GCC and the inaugural Asean-GCC-China Summit will be held concurrently with the 46th Asean Summit on May 26 and 27 in the capital here, under Malaysia's Asean 2025 Chairmanship. With the theme 'Inclusivity and Sustainability', this 2025 edition will mark Malaysia's fifth time chairing Asean, following previous terms in 1977, 1997, 2005 and 2015. — Bernama