India-Malaysia Joint Statement

During the official visit, India and Malaysia issued a joint statement reaffirming commitment to regional stability, economic integration and technological cooperation. Bilateral ties were elevated to a Comprehensive Strategic Partnership in August 2024.

India–Malaysia Comprehensive Strategic Partnership:

Dimension	Key Details
Diplomatic Status	Relations elevated to Comprehensive Strategic Partnership in August 2024
Strategic Mechanisms	Establishment of Strategic Affairs Working Group and Su-30 Forum for air force cooperation
Defence Engagement	Conducted 5th edition of joint military exercise Harimau Shakti
Counter-Terror Commitment	Reaffirmed zero tolerance of terrorism and support for concerted international efforts
Energy Cooperation	Malaysian investments in solar energy and green hydrogen with shared commitment to net-zero emissions
Semiconductor Cooperation	Provides for workforce development, supply chain resilience and institutional collaboration
Trade Focus	Emphasises balanced and diversified trade including semiconductors and digital economy
Currency Settlement	Encourages INR–MYR settlement through cooperation between RBI and Bank Negara Malaysia
Agricultural Cooperation	Malaysia reaffirmed commitment as reliable palm oil supplier with cooperation in oil palm value chain and downstream products
Disaster Resilience	Support for Coalition for Disaster Resilient Infrastructure
Multilateral Position	Reiterated support for UN reforms and India’s permanent membership in a reformed UNSC
Indo-Pacific Cooperation	Reaffirmed ASEAN Centrality, ASEAN Outlook on the Indo-Pacific, India’s Indo-Pacific Oceans Initiative and UNCLOS 1982
Trade Significance	Malaysia is India’s 3rd largest trading partner in ASEAN
Indian Diaspora	Hosts about 2.75 million Persons of Indian Origin and around 2.9 million Indian diaspora
Cultural Presence	Strong cultural footprint with nearly 20,000 Hindu temples, Gurudwaras and presence of Indian languages