Malaysian Bar tells court it has statutory obligation to uphold cause of justice in bid to challenge AG over Ahmad Zahid’s DNAA in Yayasan Akalbudi caseBritish Deputy Prime Minister Oliver Dowden speaks during an interview with Reuters, in Seoul, South Korea, March 19, 2024.
“We must be clear-eyed that one of the great strengths of our system is its openness, but that also brings vulnerabilities,” he said.“Covid and Russia’s war in Ukraine both laid bare the interconnectedness of global supply chains and the extent to which they can be exploited: Russia driving up the price of gas; Chinese acts of economic coercion.”
“We need to tighten our controls over the routes by which the UK plugs into the global economy — but in a way that allows investment and trade to flow as freely as possible,” Dowden added.“When it comes to exports, we must ensure that the goods and technologies we sell overseas are not being used to harm our own national interest, or in a way that runs counter to our values,” Dowden said.
Britain’s NSI Act has already been used to block several attempts by Chinese groups to purchase UK semiconductor manufacturers.
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