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Malaysia, Sri Lanka collaborate in monitoring waters

Malaysia and Sri Lanka have agreed to intensify cooperation in monitoring the waters between the two countries, said Malaysian Deputy Prime Minister Wan Azizah Wan Ismail on August 30.
Malaysia, Sri Lanka collaborate in monitoring waters ảnh 1Ship of Malaysian Maritime Enforcement Agency (Source: mmea.gov.my)

Kuala Lumpur (VNA) – Malaysia and Sri Lanka have agreed to intensifycooperation in monitoring the waters between the two countries, said MalaysianDeputy Prime Minister Wan Azizah Wan Ismail on August 30.

Wan Azizah stated that this was among the topics discussedbetween her and visiting Foreign Minister of Sri Lanka Tilak Marapana on August27 in Putrajaya.

According to her, the Malaysian Government is concernedabout the security of its water ways, and is striving for pirate-free watersfor the safety of traders.

She stressed that the future development of the regiondepended much on relationships between countries, such as Malaysia and SriLanka.

Therefore, the relationships need to be maintained andstrengthened, she added.

For his part, Tilak said Sri Lanka is particularlyinterested in the Indian Ocean, especially regarding issues of security andmovements of ships.

Bilateral trade between Malaysia and Sri Lanka rose by 24.7percent to 415.5 million USD in the first half of 2018 from 333.1 million USDof the same period last year.

Malaysia’s exports to Sri Lanka include palm oil andpalm-based products, chemicals and chemical products, petroleum products,electrical and electronic products, machinery, appliance and parts.

Imports include textiles, clothing and footwear, processedfood, natural rubber, rubber products, and chemical products.

There are 47 Malaysian companies currently operating in SriLanka with a total investment of over 3 billion USD, mainly intelecommunications, energy, hydro-power, construction, lubricant blending,resort development, and education.-VNA
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