Both prime ministers recognised that the Enhanced Strategic Partnership between both sides established in 2015 has helped in advancing bilateral ties into a multidimensional one.

Ibrahim arrived in India on August 20 on an official visit and met Modi, Indian President Droupadi Murmu and external affairs minister S Jaishankar.

Both held discussions on the entire range of bilateral cooperation, including political, defence and security, economy, trade, digital technologies, start-ups, fintech, energy, healthcare, higher education, culture, tourism and people-to-people relations, a release from the Indian Prime Minister’s Office said.

Both leaders witnessed the signing of MoUs on cooperation in several fields, including digital technologies. An MoU in financial services was signed between the Labuan Financial Services Authority and the International Financial Services Centres Authority, India.

India-Malaysia trade has reached a record high of $19.5 billion.

Both sides agreed to support and expedite the review process of ASEAN-India Trade in Goods Agreement (AITIGA) to make it more effective, user-friendly and simple for businesses, aiming to conclude it in 2025 and to strengthen supply chains between India and ASEAN countries.

Fibre2Fashion News Desk (DS)