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Turkey Malaysia Trade Relations: Strengthening Cooperation

Turkey Malaysia Trade Relations: Strengthening Cooperation
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Turkey and Malaysia Strengthen Trade Ties

**In a significant move to boost economic cooperation, President Recep Tayyip Erdoğan and Malaysian Prime Minister Anwar Ibrahim held a joint press conference, reaffirming their commitment to enhancing trade and investment relations. During the meeting at the Prime Minister’s Office, Erdoğan expressed his gratitude for the warm welcome he received, marking his return to Malaysia since his last visit in 2019. Both leaders celebrated the 60th anniversary of diplomatic relations between their countries, highlighting the deep-rooted friendship that has flourished over centuries between the Turkish and Malay peoples.**

President Erdoğan emphasized the importance of their comprehensive strategic partnership, stating that both nations draw strength from their shared history. “Our goal is to achieve a sustainable and balanced trade volume,” he declared, noting the establishment of a high-level strategic cooperation council to advance their bilateral relations. The leaders announced the signing of 11 agreements across various sectors, demonstrating their commitment to enhancing trade and investment mobility between Turkey and Malaysia.

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Ambitious Trade Targets Set

The discussions led to a pivotal agreement to double the previously set bilateral trade volume from 5 billion to 10 billion dollars. Erdoğan pointed out that Malaysia is Turkey’s largest trading partner in the ASEAN region, underlining the significance of this partnership. He expressed hope that the ongoing business forum would serve as a catalyst for new investment projects and cooperation models, further strengthening their economic ties.

Erdoğan also confirmed their mutual commitment to advancing initiatives in the tourism sector, indicating a desire to bolster people-to-people connections. He highlighted the readiness of Turkish firms to collaborate with Malaysia, particularly in the defense industry, where joint production and technology transfer projects are expected to flourish. The leaders shared a vision of enhancing human ties through increased flight connectivity between the two countries.

Cultural and Educational Collaboration

In addition to trade and defense, Erdoğan announced efforts to activate a joint committee between Turkey’s Higher Education Council and Malaysia’s Ministry of Higher Education promptly. He emphasized the importance of cultural exchanges, with plans to strengthen ties through the Yunus Emre Turkish Cultural Center and the Turkish Maarif Foundation, enhancing mutual understanding and cooperation.

Furthermore, Erdoğan extended his congratulations to Malaysia on its upcoming ASEAN chairmanship in 2025, expressing confidence that Malaysia would effectively lead the organization. He articulated a desire to elevate cooperation with ASEAN, emphasizing the critical role Malaysia could play in this endeavor.

Shared Concerns Over Palestine

During the press conference, President Erdoğan voiced appreciation for Malaysia’s stance on Gaza and Palestine, noting that international issues, particularly the Palestinian cause, were thoroughly discussed. He highlighted Turkey’s humanitarian efforts, having sent over 100 aid shipments to Palestine, and reaffirmed Turkey and Malaysia’s commitment to advocating for Palestinian rights.

Erdoğan underscored the need for an independent Palestinian state with East Jerusalem as its capital based on the 1967 borders, stressing that Israel must end its occupation and compensate for the damages it has inflicted. Both leaders pledged to continue their efforts in this regard, signaling a united front on this pressing humanitarian issue.

Togg Presentation and Symbol of Partnership

In a gesture symbolizing their partnership, President Erdoğan presented Prime Minister Anwar Ibrahim with Turkey’s domestic electric vehicle, Togg. The presentation took place in the garden of the Prime Minister’s Office, where both leaders inspected the vehicle and engaged in light-hearted conversation, capturing moments for posterity. This act not only highlighted Turkey’s technological advancements but also showcased the growing camaraderie between the two nations.

Following the presentation, Erdoğan and Anwar proceeded to sign 11 agreements, covering various sectors including energy, disaster management, and consumer protection. This signing ceremony marked a significant milestone in Turkey-Malaysia relations, reinforcing their commitment to collaborating on diverse fronts.

A Comprehensive Agreement Framework

The agreements signed between Turkey and Malaysia cover a multitude of areas. Notably, a memorandum on energy transformation was established, alongside cooperation protocols in marine research and defense procurement. These agreements reflect a broad commitment to enhancing bilateral cooperation across crucial sectors.

Among the notable signings was a memorandum between Anadolu Agency and the Malaysian National News Agency, which aims to foster collaboration in media services. This diverse range of agreements illustrates both countries’ dedication to nurturing a multifaceted partnership that addresses various challenges and opportunities.

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