PM: No deals planned at EEF, but investment talks ongoing

Malaysia is not planning to sign any deals with Russian companies at the ongoing Eastern Economic Forum (EEF) in Vladivostok, but it has been talking to firms from the country about the possibility of more direct investment, says Prime Minister Dr Mahathir Mohamad.

“We have no plans to sign any agreement at the moment, but we will see whether there is a need for that,” he told the Sputnik news agency in an interview.

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At the same time, Mahathir said, Malaysia has been “talking to Russian companies about the possibility of their getting involved more in Malaysian economic development, particularly with FDI.” 

“Malaysia is a trading nation, we are always trying to find new markets. 

"And we see that the eastern part of Russia may be a good place for us to have a market for our exports," he said.

- Bernama