Politics & News

Saudi Minister of Economy, Malaysian Counterpart Discuss Economic Cooperation

Saudi Arabia’s Minister of Economy and Planning, Faisal Alibrahim, discussed with Malaysian Minister of Economy, Rafizi Ramli, ways to enhance economic cooperation, reported Ajel.SA.

The meeting dealt with joint agreements and other areas of common interest, on the sidelines of the special meeting of the New Champions of the World Economic Forum held in the Chinese city of Dalian.

Last May, Crown Prince and Prime Minister, Mohammed bin Salman bin Abdulaziz Al Saud, received in Riyadh Prime Minister of Malaysia, Anwar Ibrahim on the sidelines of the special meeting of the World Economic Forum held in Riyadh.

During the meeting, aspects of Saudi-Malaysian relations were reviewed. Moreover, they discussed  prospects for bilateral cooperation in various fields and promising opportunities for its development in addition to developments in the regional and international situations and the efforts made in this regard.

Anti-Corruption Efforts

The Kingdom of Saudi Arabia (KSA) and Malaysia signed a Memorandum of Understanding (MoU) focused on anti-corruption efforts last January. This agreement, spearheaded by KSA’s National Anti-Corruption Commission (Nazaha), marks a significant step towards a collaborative approach in combating corruption.

Accordingly, Nazaha, KSA’s leading anti-corruption body, plays a crucial role in this agreement. By sharing expertise, resources, and strategies with Malaysia, Nazaha reinforces its commitment to promoting transparency and integrity in governance, both domestically and internationally.

The signing of the anti-corruption MoU between KSA and Malaysia is a significant milestone in global anti-corruption efforts. As these two nations embark on this joint venture, experts anticipate the positive changes and heightened integrity that this partnership promises to bring.

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