MOSCOW (Pakistan Point News / Sputnik - 05th September, 2019) Russian President Vladimir Putin and Malaysian Prime Minister Mahathir Bin Mohamad will hold a meeting on Thursday on the sidelines of the Eastern Economic Forum in the Russian Far Eastern city of Vladivostok.
Russia and Malaysia maintain an active political dialogue, developing contacts at the senior and high levels. In 2003, Putin visited Malaysia twice: once on an official visit in August, and the second time during the 10th Organisation of the Islamic Conference Summit in October.
National leaders also meet regularly on the sidelines of international forums.
In November 2011, then-Russian President Dmitry Medvedev met with the Malaysian prime minister at the time, Najib Razak, on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in Honolulu, Hawaii. Putin, as president, met with Razak during the APEC summits in Vladivostok in 2012, on Bali Island in 2013 and in Beijing in 2014. The Russian president and Razak also held talks on the margins of the Russia-ASEAN anniversary summit in the Russian city of Sochi on May 19, 2016.
The foreign ministers of both countries maintain regular contact as well. Russian Foreign Minister Sergey Lavrov met with the head of the Malaysian Foreign Ministry in 2005, 2010, 2013 and 2015. Anifah Aman, who was a Malaysian foreign minister at the time, paid working visits to Russia in 2013 and 2017.
Inter-parliamentary contacts are also frequent. Ministries and agencies of the two countries interact on a regular basis. The speaker of the upper house of the Russian parliament, Valentina Matviyenko, paid an official visit to Malaysia in March 2016.
A delegation of the Committee on Defense and Security of the Russian parliament's upper chamber, headed by the committee's chairman, Viktor Bondarev, paid a working visit to Malaysia in March 2019. During the visit, Russian lawmakers met with Vigneswaran, Deputy Defense Minister Liew Chin Tong, Air Force chief Gen. Affendi bin Buang, as well as with personnel of the Royal Malaysian Air Force stationed at the Subang military airfield.
On August 27, 2019, Russian Security Council Secretary Nikolai Patrushev paid a working visit to Malaysia, during which he met with Defense Minister Mohamad Sabu, National Security Council Director-General Engku Hamzah Tuan Mat and also held a number of inter-ministerial consultations.
Malaysia is one of Russia's main and most promising trading partners in the region of Southeast Asia. The aviation, shipping, chemical and agricultural industries, as well as IT, are among the priority sectors of cooperation.
According to the Russian Federal Customs Service, Russia's trade with Malaysia in 2018 amounted to $2.7 billion, showing an increase of 26.4 percent compared with the previous year. Russian exports to Malaysia amounted to $1 billion, while imports totaled $1.6 billion.
Russia's business Council for Cooperation with Malaysia (BCCM) has been in operation since July 2013. In March 2016, the BCCM and the Asian Strategy and Leadership Institute signed an agreement in Kuala Lumpur to establish the Russia-Malaysia Business Council.
COOPERATION IN OIL AND GAS SECTOR
As part of the cooperation in the oil and gas sector, Petronas, Malaysia's state-run oil and gas company, bought $1.1 billion of the acquired Rosneft (the Russian oil and gas company) shares. In 2006-2007, Petronas signed memoranda of cooperation with Rosneft and Russia's gas giant, Gazprom.
In February 2018, Orgkhim Biochemical Holding from Russia's Nizhny Novgorod announced that it began the construction of a plant for producing non-carcinogenic ("green") extender oil for tires, synthetic rubbers and rubber compounds in the port of Tanjung Langsat in the Malaysian state of Johor.
Russia's Kaspersky Lab cybersecurity giant works productively in the Malaysian market, providing up to 40 percent of all antivirus software for the country.
In June 2018, Malaysia purchased neonatal equipment from the Shvabe holding company of Russia's Rostec State Corporation that included intensive care incubators, neonatal tables, phototherapeutic irradiators, and heaters. The equipment for private clinics in Kuala Lumpur provides the whole range of procedures for nursing newborns, including infants with extremely low body weight.
In November 2018, the Russian Direct Investment Fund, the Singapore-based Asian American Medical Group and Rusatom Healthcare, a subsidiary of Russia's Rosatom State Nuclear Energy Corporation, agreed to jointly build a nuclear medicine center in the city of Iskandar Puteri, Malaysia.
The two countries are developing scientific and technical ties and maintain stable communications in the military and military technology fields, as well as in the aerospace field.
From 1994-1995, Russia delivered 18 MiG-29 fighters to Malaysia. The next major contract for the supply of 18 Su-30MKM fighters, a Malaysian modification of the Su-30 aircraft, was completed in 2009. In July 2017, Russian state arms exporter Rosoboronexport and a joint venture company, Advanced Television Systems Committee, signed a memorandum of cooperation providing for the supply of spare parts for Russian aircraft, which were previously delivered to Malaysia.
COOPERATION BETWEEN NEWS AGENCIES
Malaysian students study on a contractual basis at Russian universities, mainly in the medical and engineering fields.