Malaysia and Australia have developed one of the Indo-Pacific region’s most
comprehensive bilateral economic relationships, evolving from a traditional
goods-focused trading partnership into a sophisticated platform for intangible
trade and services-led foreign direct investment (FDI). This evolution was
formally recognised with the elevation of bilateral ties to a Comprehensive
Strategic Partnership (CSP) in 2021, which explicitly prioritises cooperation in
economic prosperity, digital technology, education and knowledge-based
industries.
Given the time I’ve been allocated, I’d like to address just a few key areas that I
believe are essential to the promotion of intangible trade and investments
between our 2 countries.