16 hours ago
- Business
- New Straits Times
Malaysia-France strengthen strategic cooperation in defence, economy & technology
PARIS: Three key documents have been signed between Malaysia and France as part of efforts to strengthen bilateral relations across the fields of defence, economy and technology.
The exchange of documents was witnessed by Prime Minister Datuk Seri Anwar Ibrahim and French Prime Minister François Bayrou at an official ceremony held in Paris today.
Among the agreements signed was a memorandum of understanding between Malaysian company Malaco and French firm Carester, marking a major milestone in the development of Malaysia's rare earth industry.
It was in line with Malaysia's commitment to environmental, social and governance (ESG) principles and the country's national renewable energy agenda.
Meanwhile, a letter of offer was presented to Thales LAS, aimed at enhancing Malaysia's airspace surveillance capabilities through the procurement of two new long-range radar units.
Another significant initiative is the strategic partnership between Matrade and Business France, which will boost bilateral trade promotion, particularly in the aerospace, renewable energy and digital economy sectors.
