What Does Malaysia's PM Anwar Say About Adaptability and Cooperation in Facing Protectionism?
Synopsis
Key Takeaways
- Adaptability is crucial for resilience in a changing global landscape.
- Cooperation among ASEAN nations is vital for collective strength.
- Rising protectionism poses significant challenges to economies.
- Timor-Leste is now a member of ASEAN, enhancing regional dynamics.
- Strengthening geostrategic frameworks can foster unity.
Kuala Lumpur, Oct 26 (NationPress) During the opening of the ASEAN summit, Malaysia's Prime Minister Anwar Ibrahim emphasized the necessity for adaptability and cooperation to navigate the turbulent waters of protectionism and global uncertainty.
He stated, "The increase in protectionism and changes in supply chains highlight that our resilience relies on our ability to adapt."
He cautioned, "We are witnessing escalating competition and a rise in uncertainty across various regions."
These challenges not only put pressure on our economies but also test our shared commitment to maintaining trust in collaboration—believing that understanding and dialogue can triumph even in these divisive times.
The 47th summit of this economic alliance commenced amid intense tariff conflicts significantly impacting its Southeast Asian members.
US President Donald Trump, who initiated the widespread tariff issues, is an invited guest at the summit, and his attendance is anticipated to be a focal point of the discussions.
Although Prime Minister Narendra Modi was invited, he will address the summit via remote communication.
Prior to the summit, Timor-Leste officially joined as the 11th member of ASEAN, joining existing member nations including Malaysia, Thailand, Singapore, Cambodia, Laos, Vietnam, Indonesia, Philippines, Brunei, and Myanmar.
Currently, Malaysia holds the chair position in ASEAN.
In addition to ASEAN leaders, prominent global figures such as President Luiz Inacio Lula da Silva of Brazil, Cyril Ramaphosa of South Africa, Prime Minister Li Qiang of China, Sanae Takaichi of Japan, Anthony Albanese of Australia, and Mike Carney of Canada have also been invited.
During his address, Anwar highlighted the importance of ASEAN developing new partnerships and strengthening existing connections.
Welcoming leaders like Lula Da Silva and Ramaphosa, he noted that this marks a significant step towards enhancing ties with BRICS and the G20, which is under South Africa's chairmanship this year.
According to the Prime Minister, the accomplishments of the ten member nations—soon to be eleven with Timor-Leste's anticipated inclusion in 2025—are founded on a tradition of consensus, open communication, and solidarity.
In an unpredictable world, Anwar asserted that ASEAN's destiny is interconnected, urging for greater unity through revitalizing strategic frameworks like the Zone of Peace, Freedom and Neutrality (ZOPFAN) and strengthening ASEAN-led initiatives such as the East Asia Summit and the ASEAN Regional Forum.