PHUKET: Malaysia will hold bilateral trade meetings with China and Indonesia to further promote trade and spur economic growth with the two nations.
Deputy Prime Minister Datuk Seri Najib Tun Razak will hold talks with Chinese Finance Minister Xie Xuren and Indonesian Finance Minister Sri Mulyani Indrawati today to discuss new trade possibilities.
“The Malaysia-Indonesia meeting will see both ministers, as key trading partners, discussing ways to promote new economic initiatives to boost bilateral trade between both countries.
A Malaysian Finance Ministry official said the meetings would be Najib’s first session with his two counterparts as Finance Minister.
Meanwhile, senior Finance Ministry officials of Asean countries, Japan, China and South Korea met yesterday afternoon to discuss counter-measures to weather the economic slump which is affecting the region.
The special Asean + 3 meeting would draw up frameworks, proposals and agreements on how Asean countries could work together to reduce the impact of the global economic crisis.
The meeting, ahead of the 14th Asean Summit at the Thai resort of Hua Hin from Feb 27 and March 1, also discussed the region’s response to the crisis, various issues on the regional economic situation, policy measures and other financial cooperation.
Source : Malaysian Star