India, Malaysia To Work Together On Defense And Security

In addition, Modi said his country is willing to work with China to implement the consensus the two sides have reached and deepen cooperation in such areas as trade and economy, science and technology, and people-to-people exchanges. He also offered specific opportunities to ASEAN countries on investing in infrastructure in India, particularly in Metro Rail systems, housing, road, rail and waterways.

India is looking at selling stakes in Public Sector Undertakings to raise around Rs 70,000 crore in the current fiscal.

Prime Minister Datuk Seri Mohd Najib Razak said Malaysia and India have an established and strong relationship, and both countries share common heritage.

“Indian Prime Minister Narendra Modi is a man of action and he wants things to be done fast”, Najib told reporters in a joint press conference today.

Construction of the Torana Gate was first announced by the former Prime Minister of India, Dr Manmohan Singh during his official visit to Malaysia back in October 2010.

Amongst the key areas that are to see the bilateral cooperation, defence and security would be the primary focus areas.

“We will do more in terms of level and complexity of exercises and collaboration in training and defence equipment”, he said.

Mr Modi, who arrived here yesterday after attending two back-to-back summits in Malaysia, met the Singaporean Prime Minister for dinner. “We invite Malaysian students to study in India and urge early conclusion of an agreement on Mutual Recognition of Degrees”, he added.

India and Malaysia also agreed to discuss further with a view to concluding the signing of an MoU on transfer of sentenced prisoners to each other’s prisons.

“Modi said India will soon come out with its new aviation policy where a lot many issues would be covered including for increasing the connectivity including to the Buddhist circuit”, Wadhwa said. And, we have agreed to strengthen strategic communication and expand convergences.

Modi said India and China must work together to face many global challenges, including terrorism, and advance peace and stability in the region.