The economy was a top priority for both leaders, who discussed cooperation in trade, investment and infrastructure in the Thai-Malaysian border areas…reports Asian Lite News
Thai Prime Minister Prayut Chan-o-cha and visiting Malaysian Prime Minister Anwar Ibrahim have announced deepening collaboration to hasten economic recovery.
The two leaders met on Thursday during Anwar’s two-day official visit, which is part of his introductory tour to the members of the Association of Southeast Asian Nations (ASEAN) and his first visit to Thailand since taking office as Malaysia’s Prime Minister late last year.
The economy was a top priority for both leaders, who discussed cooperation in trade, investment and infrastructure in the Thai-Malaysian border areas, as well as in new areas such as digitalisation, energy and food safety, Xinhua news agency reported.
Speaking at a joint press conference, Prayut said both parties agreed to enhance the multifaceted cooperation to boost the economy and work towards a bilateral trade target of $30 billion by 2025 through increased trade and reduced barriers.
According to the joint press statement, the two leaders exchanged views on common concerns regarding international and regional challenges and reaffirmed their commitment to upholding ASEAN Centrality and collaborating to overcome global geo-political and socio-economic changes.
They further stressed the importance of speeding up ongoing projects, especially those enhancing connectivity and boosting economic activities between the two countries.
Both sides also discussed intensifying efforts to establish linkages between the Special Economic Zones in the border areas to promote long-term investment, and economic and social development.
