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    Malaysia Drives Historic ASEAN-GCC-China Summit: RM850 Billion Trade Target Set

    Malaysia Spearheads Historic ASEAN-GCC-China Summit: A New Era of Regional Cooperation The 2nd ASEAN-GCC Summit, held in Kuala Lumpur on May 27, 2025, marked a pivotal moment in regional diplomacy. Spearheaded by Malaysian Prime Minister Anwar Ibrahim, the summit brought together ASEAN, the Gulf Cooperation Council (GCC), and China for a historic trilateral partnership. The event focused on bolstering economic resilience and cooperation amidst global uncertainties and rising geopolitical tensions. The summit's significance is underscored by the substantial trade figures already achieved. Trade between ASEAN and GCC nations reached a remarkable RM600 billion in 2023. With ambitious targets set for the future, the summit aims to further strengthen these ties, with a projected RM850 billion in trade by 2032. This demonstrates a clear commitment to long-term economic growth and stability in the region. Prime Minister Anwar Ibrahim's emphasis on deeper global partnerships reflects the summit's overarching goal of creating a more connected, resilient, and prosperous future for generations to come. His vision aligns with the shared goals of mutual respect and trust that underpin the ASEAN-GCC-China partnership. The summit serves as a testament to the power of multilateral cooperation in navigating global challenges and fostering a brighter future for all involved.

    2 months ago
    MY
    Kuala Lumpur
    news summary
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