Malaysia and Australia commit to open trade and resilient energy supply chains, pledging deeper cooperation on energy security and the transition to renewables
PUTRAJAYA: Malaysia and Australia have reaffirmed their commitment to ensuring stable and resilient energy supplies. Prime Minister Datuk Seri Anwar Ibrahim and his Australian counterpart Anthony Albanese stressed the importance of open and predictable trade flows amid global uncertainties.
Both leaders said the nations are committed to promoting open and stable trade, including for essential energy supplies. They pledged to exchange views on energy trade matters on a ‘no surprises’ basis.
“We will exchange views on energy trade-related matters on a ‘no surprises’ basis, and deepen practical cooperation on energy security for both countries to achieve shared goals,” they stated in a joint declaration.
The commitment extends to strengthening energy supply chain resilience through deeper regional cooperation. This includes supporting energy transition efforts and promoting renewable energy adoption.
“Open and resilient global energy supplies remain deeply important to the security and prosperity of our peoples,” the leaders said. They added that both countries will continue consulting on developments that may affect energy supply and markets.
The joint statement was issued following an official press conference in Putrajaya. Albanese is on a three-day official visit to Malaysia.
He was accorded an official welcome at the Perdana Putra Complex earlier today. The visit underscores the ongoing strategic partnership between the two nations.
