Malaysia

Malaysia has concluded its talks with India in sealing a free trade agreement (FTA) that will take effect in July 2011. It has been reported that the FTA may lead to an increase in bilateral trade, reaching US$15bn by 2015. Indian Prime Minister Manmohan Singh has expressed confidence that the deal will improve their 'economic engagement in a very substantial way. Both countries have also agreed to enhance their efforts against terrorism by establishing the Joint Working Group on Counter-Terrorism. We believe such bilateral efforts would help ensure long-term economic stability within the region.

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