India, Malaysia looking at signing over a dozen deals

Image
Press Trust of India New Delhi
Last Updated : Mar 30 2017 | 9:28 PM IST
Projects worth USD five billion are expected to be discussed during the India visit of Malaysian Prime Minister Najib Razak, which started today, as the two sides look at inking more than a dozen business deals.
Prime Minister Narendra Modi and Najib will hold wide- ranging talks on April one during which the two sides will also try to take forward their cooperation in key areas of security, defence and counter-terrorism.
Briefing reporters on the six-day visit, Jaideep Mazumdar, Joint Secretary (South) in the External Affairs Ministry, said, "Projects under discussion during the visit would amount to around USD five billion," and about 15 business agreements are also expected to be signed during a business event on April 3.
The Malaysian prime minister is scheduled to attend Trade Expo by Malaysia-India Business Council Business Forum and 7Th Global Science and Innovation Advisory Council Meeting.
Asked if the two sides will ink a pact in the defence sector, he said the two sides will try to take forward the decisions taken in key strategic areas of security and defence in 2015 during Modi's visit to Malaysia.
He also described the bilateral ties in security, defence and counter-terrorism as robust.
On whether the two sides will discuss the threat of ISIS, he said international terrorism and terrorism in the region would be an important subject of discussion.
Najib, who will be here on his third visit, is accompanied by his spouse Datin Sri Rosmah Mansour. His delegation consists of several cabinet ministers and senior officials. A delegation comprising 80-100 business leaders is also part of his team.
The Malaysian leader will visit Chennai and Jaipur.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 30 2017 | 9:28 PM IST

Next Story