Malaysia-Australia ties can only grow, says Najib

Najib and Gillard holding a press conference during his visit to Canberra.

 

KUALA LUMPUR: Datuk Seri Najib Tun Razak is confident that trade between Malaysia and Australia will grow with the successful passing of the Malaysia-Australia Free Trade Agreement.

The pact allows Malaysian exporters duty-free entry to the Australian market.

"Malaysia is currently Australia's 10th largest trading partner, with two-way trade worth almost $16 billion in the last financial year alone," he said in his latest posting entitled 'Australia and Malaysia - Trading Together, Learning Together, Working Together' on his www.1Malaysia.com.my blog.

The Australian government had given a clear vote of confidence in Malaysia and its economic transformation, Najib said.

He urged Malaysians to take advantage of new developments in Malaysia-Australia relations.