Malaysia and Indonesia have signed a series of important cooperation agreements, including the Treaty on the demarcation of maritime boundaries between the two countries in the Strait of Malacca and the Sulawesi Sea, during the Indonesian President's two-day official visit to Malaysia on June 7-8.
During the visit, Malaysian Prime Minister Anwar Ibrahim and Indonesian President Joko Widodo held bilateral discussions on a wide range of issues of mutual concern. Both leaders stressed their commitment to further strengthening bilateral relations to promote peace , comprehensive security and stability in the region for the prosperity of both peoples.
On this occasion, the two sides signed 6 cooperation documents in the following areas: Border; border trade; Memorandum of Understanding on cooperation in investment promotion; Memorandum of Understanding on cooperation in recognizing Halal certificates for domestic products; Treaty on delimitation of territorial waters of the two countries in the southernmost part of the Strait of Malacca (SOM Treaty) and Treaty on delimitation of territorial waters of the two countries in the Sulawesi Sea (Sulawesi Sea Treaty).
At a joint press conference concluding the bilateral discussion on June 8, Prime Minister Anwar Ibrahim expressed his joy at the signing of the agreement on maritime boundary demarcation between the two countries: “The Indonesian President told me that negotiations had been going on for many years and could not be resolved. I am proud that we have resolved a problem that has existed for many years.”
The two leaders pledged to work closely to resolve major disagreements related to palm oil products, agreeing to call on the European Union (EU) to have a fairer and more reasonable solution for palm oil products imported from Malaysia and Indonesia.
The two sides also expressed concern over the situation in Myanmar, calling on the country to fully implement the Five-Point Consensus. The two leaders reaffirmed their commitment to work closely within the Association of Southeast Asian Nations (ASEAN) and other external partners, including the Special Envoy of the United Nations Secretary-General, to promote progress in implementing the Five-Point Consensus, with the ultimate goal of finding a peaceful environment and a sustainable solution, in the interest of the people of Myanmar.
Indonesia is Malaysia's sixth-largest trading partner globally and second-largest in ASEAN. In 2022, total trade between the two countries is expected to reach RM130.14 billion (US$29.55 billion), up 36.5% from RM95.31 billion (US$22.98 billion) in 2021.
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