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MALAYSIA is actively preparing to expand its global economic footprint through a series of new multi-sector alliances following highly successful diplomatic missions by Prime Minister Datuk Seri Anwar Ibrahim to Russia and Turkmenistan.
Deputy Finance Minister Liew Chin Tong stated that these strategic international engagements have already yielded tangible positive outcomes for the nation, prompting the government to review and deliberate on new domestic policies to support these expanding global ties.
"I think we are looking very positively at the visits by the prime minister. We are hoping that we will expand our partnerships with the rest of the world. On other policies, we will discuss them on other platforms," Liew told reporters following an inspection of the Microcredit Turun Padang programme at the Dataran Puchong Permai Farmers Market.
The diplomatic push has already solidified crucial bilateral commitments, particularly within the energy and technology sectors.
Following Anwar's high-level talks, Malaysia and Turkmenistan formally agreed to deepen their maritime and land transportation links, escalate trade and investment volumes, and foster closer collaborative ties in education and technology alongside their traditional oil and gas partnership.
Simultaneously, the prime minister's engagement with Moscow has secured critical assurances for Malaysia's long-term energy architecture, with Russia guaranteeing continuous, long-term supplies of petroleum, crude oil, and liquefied natural gas to the Southeast Asian nation.
Liew noted that the Treasury and relevant cabinet committees will utilize dedicated government platforms to thoroughly dissect the policy implications of these breakthroughs, ensuring that the domestic economic framework is fully aligned to capitalize on these new international markets. - June 21, 2026
