KUALA LUMPUR, January 30 — Australia and Malaysia have attained significant economic progress, as well as regional peace and stability, since the upgrading of its ties to a Comprehensive Strategic Partnership in 2021.
“This is the culmination of a partnership which is supported at the highest level. It commits us to further deepen cooperation between countries in new areas, and modernise our relationship for generations to come,” said a media statement from the Australian High Commission in Kuala Lumpur celebrating the second anniversary of the signing of CSP . To build mutually beneficial economic relations, in 2023 Australia will draft a new South-east Asia Economic Strategy to 2040.
According to the media statement, the main focus of bilateral trade is in the fields of agriculture, fisheries and forestry products, as they complement each other and have great potential to grow.
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