Prime Minister Anwar Ibrahim says Malaysia must intensify efforts to enter new markets in Europe, Latin America and Africa to boost trade
PUTRAJAYA: Malaysia will intensify efforts to enter new markets to boost trade and strengthen its position as a competitive trading nation.
Prime Minister Datuk Seri Anwar Ibrahim said the country needs to expand into markets such as Europe, Latin America and Africa to increase trade.
“We cannot succeed as a trading nation if we only focus on existing strategic partners,” he said during the closing ceremony of the Rancakkan MADANI Bersama Malaysiaku Programme.
Anwar stressed that existing high-volume trade relations with the United States and China will continue.
He said Malaysia must also grow intra-ASEAN trade and penetrate markets in Latin America and Africa, which have potential.
The Prime Minister called for the Cabinet and civil servants to make every effort to elevate Malaysia into a great country.
He cited the country’s 5.2% GDP growth in the third quarter of 2025 and the ringgit as Asia’s best-performing currency as evidence of progress.
“I am confident, insya-Allah, if we continue with this performance, Malaysia will progress as a great country in Asia,” he said.
Anwar also conveyed his appreciation to all parties who made the recent 47th ASEAN Summit a success. – Bernama
