ASEAN, GCC and China Can Translate Political Goodwill Into Tangible Economic Outcomes - Malaysian Minister Tengku Zafrul

ASEAN, GCC and China Can Translate Political Goodwill Into Tangible Economic Outcomes - Malaysian Minister Tengku Zafrul
 
KUALA LUMPUR, May 27 (Bernama) -- ASEAN, the Gulf Cooperation Council (GCC) countries and China can translate their political goodwill into tangible economic outcomes that uplift businesses, including small and medium enterprises, as well as empower their people, said Minister of Investment, Trade and Industry Tengku Zafrul Aziz.
 
Together, he said, these economies have a combined Gross Domestic Product of US$24 trillion (US$1 = RM4.23), or roughly 23 per cent of global GDP.
 
“This platform is a dynamic meeting of minds for policymakers, business leaders, and global investors. With the presence of numerous Fortune 500 chief executive officers and captains of industry, it sends a clear signal to the world that multilateral economic cooperation is not only alive but thriving.
 
“It reflects our shared commitment to unlock opportunities in trade, investment, energy transition, digital innovation, and sustainable development,” he said in his welcoming remarks at the ASEAN-GCC-China Economic Forum opening ceremony and official gala dinner here Tuesday.
 
Prime Minister Anwar Ibrahim and China’s Premier Li Qiang were present at the event.
 
-- BERNAMA