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Home International Customs India

India, Malaysia agree on trade meeting

byghadia
24/11/2015
in India
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NEW DELHI: India and Malaysia have agreed to have the next meeting of the joint commission established between the two countries sometime in the first half of next year. A joint statement issued by the two sides after delegation-level talks said foreign ministers of the two nations would lead their respective delegations at the next meeting of the joint commission.
Both sides also agreed that regular exchanges would take place at the cabinet level between ministers in charge of trade and industry, transport, public works and infrastructure, in line with new developmental initiatives introduced by India, and the investment and trade opportunities opening up in each other’s country.
The joint statement further said that both sides would hold regular foreign office consultations to enable both countries to monitor the progress of bilateral cooperation, including on regional and strategic issues of mutual interest. The two sides also reaffirmed their continued commitment to parliamentary democracy and to promote further cooperation between the parliaments of both countries, and underlined the importance of regular and enhanced exchange of visits between parliamentarians from India and Malaysia.
The Prime Ministers of the two countries also witnessed the signing of one agreement on cultural exchange programme for the period 2015-2020. In addition, two Memoranda of Understanding (MoU) – one on cooperation in project delivery and monitoring, and the second on cooperation on cyber security were signed in the presence of the two leaders. It was also agreed that the leaderships of the two countries would hold regular summits, including on the margins of multilateral events.

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