Showing posts with label Look east policy (LEP). Show all posts
Showing posts with label Look east policy (LEP). Show all posts

Thursday, 1 August 2013

Malaysia, Japan set on second wave of Look East Policy

PUTRAJAYA: Malaysia and Japan will continue the Look East Policy (LEP) - Second Wave which will be adjusted to suit the economic structure and priorities of both countries.

Prime Minister Datuk Seri Najib Razak who received a visit from his Japanese counterpart Shinzo Abe today, said the LPE should be more progressive with better focus and more economic-oriented.

"We have agreed that after 30 years of successful collaboration on the LEP, the next phase needs to be tailored for the economic transformation of both countries."

Najib said both governments have pledged to encourage more partnerships between Malaysian and Japanese companies in various fields including green technology, key technical services and institutional support among others.

"We encourage both sides to develop more targeted programmes with specific outcome to attain our countries' objectives through investments, trade, Islamic finance, technology, infrastructure development and promotion of the halal industry.