BOOST TRADE
players there.
“We have also successfully inked MoUs worth over RM158 billion during my visit last April.”
He said Malaysia was well accepted by other countries, such as Japan, Indonesia, Saudi Arabia and Germany.
“Our cooperation with these countries has proven to be beneficial to the nation.”
He said a deal with Aramco had brought in a total investment of RM31 billion.
“The establishment of Malaysia-Japan Economic Partnership Agreement has further strengthened trade and investment ties between the two countries.
“We have become Japan’s fourth largest trading partner with bilateral trade of RM120 billion last year.”
Najib said he hoped that his working visit to the United States would go smoothly and open up more cooperation between the two countries.
He said Malaysia’s position in Asean had also benefited the country.
“Through the Asean Economic Community, Malaysians now have access to a US$2.55 trillion (RM10.71 trillion) economy, with a population of more than 622 million people.
“Furthermore, we have the opportunity to make strategic cooperation with partners who have common interest with us.
“For example, we have agreed with Indonesia to enhance cooperation in the palm oil sector, particularly when we both are facing anti-palm oil campaigns, which give negative sentiments to palm-producing countries, launched by the European Union.”
He said what had been listed were only part of the benefits that the country had been enjoying because of good relations with other countries.
“We have to remember that foreign investment helps us grow our economy despite the uncertainty of the global economy.
“We cannot be ignorant and refuse to work with other countries, tricked by sayings that the inflow of foreign investment is selling the country’s sovereignty.
“We should not deny the benefits (the good ties) bring to the people.”
Najib said the opposition leaders were aware of the importance of foreign investment for economic prosperity.
“That is the reason why they are always abroad.”
Najib said there were previous leaders who often used the rhetoric “selling the country (jual negara)”, but in reality, many loans were made during their time.
He said the country received development loans of ¥61.5 billion from Japan to build Kuala Lumpur International Airport in 1994.
“Does that mean that we have sold the nation’s sovereignty? Not at all!
“Therefore, I hope the public will not be influenced by dirty political tactics aimed to scare the rakyat. Such tactics will only hurt us.
“InsyaAllah (God willing) I will continue to build diplomatic relations and economic cooperation with other countries, and be even more committed in bringing the hopes and interests of Malaysians to the eyes of the world.”