Malaysia PM Anwar says Petronas project in South China Sea is in Malaysian territory

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Mr Anwar added multi-billion dollar investment by China in Malaysia is having a snowball effect. Read more at straitstimes.com.

KUALA LUMPUR - Malaysia Prime Minister Anwar Ibrahim on Tuesday said he had told China that an exploration project by state energy firm Petronas in the South China Sea was within Malaysian waters, in a reference to an overlapping claim in the area by Beijing.

But if China feels this is their right, Malaysia is open for negotiations, Mr Anwar said, reiterating comments made earlier this week. Malaysia’s foreign ministry will issue a protest note if there were “collisions” between Malaysian and Chinese vessels in the area, Mr Anwar said.Speaking separately at a Finance Ministry monthly gathering on Tuesday, Mr Anwar said the investment of RM25.5 billion by Amazon Web Services and RM170 billion by China in Malaysia has a snowball effect with many countries showing interest in investing in the country.

Source: News Formal (newsformal.com)

 

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