Malaysia holds its largest international arms exhibition yet as it looks to update old defence systems

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About US$4 billion worth of deals and pledges are expected during the five-day exhibition.

LANGKAWI: With rising geopolitical tensions around the world, the latest international arms exhibition in Malaysia has generated huge interest.

At the opening speech at the event, Malaysian Prime Minister Anwar Ibrahim said that the success of LIMA 2023 will “reinforce Malaysia as a regional hub for the aerospace and maritime industries”.Malaysia, which has traditionally kept its defence spending to no more than 1 per cent of its gross domestic product , increased its budget by 10 per cent this year.

"What's happening in eastern Sabah is still a concern. Sulu Sea is still not a completely secure area. There still needs to be a credible defence and security presence over there,” said Mr Thomas Daniel, senior fellow at the Institute of Strategic and International Studies Malaysia.

 

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