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Tok Mat: South Asian tensions can hurt trade
Tok Mat: South Asian tensions can hurt trade

The Star

time09-05-2025

  • Business
  • The Star

Tok Mat: South Asian tensions can hurt trade

Call to de-escalate: Mohamad sharing his thoughts in an interview with The Star at Wisma Putra, Putrajaya. — Foreign Minister's Office PUTRAJAYA: The Pakistan-India conflict could affect Malaysia economically, as the country has substantial trade ties with both nations. Malaysia is thus concerned over the situation in the sub-continent and is urging for both countries to open diplomatic channels to ease the situation, says Foreign Minister Datuk Seri Mohamad Hasan. 'We hope it will not escalate, it will have a direct impact on Malaysia especially in import and export. 'Our trade with both India and Pakistan is quite substantial, Malaysia will be greatly affected,' he told The Star in an interview at Wisma Putra yesterday. Bilateral trade between Malaysia and India has been steadily growing to reach US$20.01bil (RM86bil) in the last two years. Malaysia has emerged as the 16th largest trading partner for India, while India figures among the top 10 largest trading partners for Malaysia. Malaysia's top exports to India include palm oil, crude petroleum and semiconductor devices, while India exports refined petroleum, raw aluminum and frozen bovine meat to Malaysia. Trade with Pakistan is also strong, and saw a 54.8% increase from January to August 2024, reaching US$1.21bil (RM5.2bil). Malaysia's top exports to Pakistan include palm oil, refined petroleum and other vegetable oils. Pakistan exports rice, corn and onions to Malaysia. The Malaysian government has reaffirmed its support for all efforts aimed at de-escalation and meaningful dialogue between India and Pakistan. Mohamad also said the missions in both countries have issued advisories telling Malaysians living or studying in the two countries against travelling in areas where the conflict is taking place. 'Defer your travel plans to the conflict area for the time being,' he added.

Saudi foreign minister holds key diplomatic meetings on G20 sidelines in South Africa
Saudi foreign minister holds key diplomatic meetings on G20 sidelines in South Africa

Saudi Gazette

time21-02-2025

  • Business
  • Saudi Gazette

Saudi foreign minister holds key diplomatic meetings on G20 sidelines in South Africa

Saudi Gazette report JOHANNESBURG — Saudi Minister of Foreign Affairs Prince Faisal bin Farhan held a series of high-level diplomatic meetings with his counterparts from China, the United Kingdom, France, and Australia on the sidelines of the G20 Foreign Ministers' Meeting in South Faisal met with Chinese Foreign Minister Wang Yi, where the two officials reviewed Saudi-Chinese relations and explored ways to enhance cooperation across various also discussed intensifying bilateral and multilateral coordination on key regional and global issues, exchanging views on the latest international a separate meeting, Prince Faisal held talks with UK Secretary of State for Foreign, Commonwealth, and Development Affairs David centered on bilateral relations, areas of cooperation, and pressing regional and global issues of mutual Saudi foreign minister also met with French Minister for Europe and Foreign Affairs Jean-Noël Barrot, where they discussed ways to strengthen ties between Saudi Arabia and ministers exchanged views on regional developments and ongoing efforts to achieve stability and peace in the his meeting with Australian Foreign Minister Penny Wong, Prince Faisal explored opportunities to enhance bilateral relations and exchanged insights on regional and international matters of shared concern. All meetings were attended by Saudi Ambassador to South Africa Faisal Al-Harbi and Assistant Director-General of the Foreign Minister's Office Waleed Al-Ismail.

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