\u201cThai investors can explore new investment sectors in Malaysia such as the digital economy, green economy, and circular economy, while Malaysian investors can participate in the\u00a0Bio-Circular-Green (BCG) economic model and other new sectors such as vaccine research and development, electric and smart vehicles, automation and robotics in\u00a0Thailand,\u201d<\/em> he told a joint media conference at the Government House.<\/p>\n\n\n\n Thailand remains as Malaysia’s sixth-biggest trading partner in the world and the second-largest in ASEAN. Malaysia is Thailand’s fourth-largest trading partner in the world.<\/p>\n\n\n\n Two-way trade between Malaysia and Thailand increased by 23 percent to RM97.97 billion last year from RM79.63 billion in 2020.\u00a0<\/p>\n\n\n\n Earlier, the two leaders held a restricted meeting at the Government House.<\/p>\n\n\n\n The Malaysian premier said he and Prayuth also reiterated their commitment to strengthen Malaysia-Thailand cooperation under the Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) framework, especially in the Physical Connectivity Projects implementation and for mutual benefits in the agriculture and agro-based industry, tourism as well as halal products and services to realize the IMT-GT Vision 2036.<\/p>\n\n\n\n In addition, he said, they both agreed to continue the existing two-way mechanism, including the Annual Consultation and two meetings at the ministerial level, namely the Thailand-Malaysia Joint Commission for Bilateral Cooperation and the Thailand-Malaysia Committee on Joint Development Strategy for Border Areas meetings.<\/p>\n\n\n\n Meanwhile, Ismail Sabri proposed the control of\u00a0rubber pricing among International Tripartite Rubber Council members Malaysia, Indonesia, and Thailand to benefit member countries.<\/p>\n\n\n\n \u201cHopefully it will give\u00a0mutual\u00a0benefits for our rubber smallholders,\u201d<\/em> he said.<\/p>\n\n\n\n NMT<\/a> as reported by Bernama<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" BANGKOK, Feb 26 —\u00a0Malaysia and\u00a0Thailand are committed to continuing their\u00a0close cooperation to realize\u00a0the bilateral trade…<\/p>\n","protected":false},"author":1,"featured_media":13388,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17,524],"tags":[],"class_list":["post-13387","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-nation"],"featured_image_urls":{"full":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/02\/Screen-Shot-2022-02-26-at-11.34.07.png",575,323,false],"thumbnail":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/02\/Screen-Shot-2022-02-26-at-11.34.07-150x150.png",150,150,true],"medium":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/02\/Screen-Shot-2022-02-26-at-11.34.07-300x169.png",300,169,true],"medium_large":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/02\/Screen-Shot-2022-02-26-at-11.34.07.png",575,323,false],"large":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/02\/Screen-Shot-2022-02-26-at-11.34.07.png",575,323,false],"1536x1536":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/02\/Screen-Shot-2022-02-26-at-11.34.07.png",575,323,false],"2048x2048":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/02\/Screen-Shot-2022-02-26-at-11.34.07.png",575,323,false],"newsium-slider-full":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/02\/Screen-Shot-2022-02-26-at-11.34.07.png",575,323,false],"newsium-featured":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/02\/Screen-Shot-2022-02-26-at-11.34.07.png",575,323,false],"newsium-medium":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/02\/Screen-Shot-2022-02-26-at-11.34.07.png",575,323,false]},"author_info":{"info":["Editor"]},"category_info":"Economy<\/a> 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<\/figure><\/div>\n\n\n\n