India Malaysia Relations

In this article we will discuss India Malaysia Relations

In this article, we will discuss India Malaysia Relations. So, let’s get started.

India Malaysia Relations

  • India established diplomatic relations with Malaysia in 1957.
  • Economic Relation:
  • India and Malaysia have signed the Comprehensive Economic Cooperation Agreement (CECA).
  • CECA is a kind of Free Trade Agreement (FTA).
  • India has also signed the Free Trade Agreement (FTA) in services and investments with the 10-member Association of Southeast Asian Nations (ASEAN).
  • Malaysia is the third largest trading partner in ASEAN.
  • Bilateral trade between India and Malaysia is significantly biased in favour of Malaysia.
  • Defence & Security Cooperation:
  • Joint military exercises “Harimau Shakti” are held annually between the two countries.
  • Traditional medicine:
  • India and Malaysia signed a MoU on cooperation in the field of Traditional Medicine in October 2010.
  • The Government of Malaysia has been working to popularize AYUSH (Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy) systems in Malaysia.
  • AYUSH systems are practiced in Malaysia.
  • Recent Developments:
  • In 2020, India resumed purchases of Malaysian palm oil after a gap of four-month following a diplomatic row between the two countries.
  • The former Prime Minister of Malaysia had criticised India’s Citizenship Amendment Act (CAA) which was considered as an interference in the internal matters of India

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