KUALA LUMPUR, Jan. 20 (Xinhua) -- Malaysia's trade performance continues to reach record numbers despite global geopolitical uncertainties and changes in major power policies that directly affect international trade, Prime Minister Anwar Ibrahim said on Tuesday.
Anwar, who is also the finance minister, told parliament that this success is thanks to the administration's policies, including diversification to build economic resilience and careful management of the country's external trade relationships, which have resulted in the total trade for 2025 reaching 3 trillion ringgit (740 billion U.S. dollars).
"The figure will be announced in detail this afternoon with the trade volume for 2025 reaching an all-time high. So, that is why I have formulated the need for policy clarification, good discipline and governance and exploring new markets," he said.
"It is indeed a statement that should be given attention because of the geopolitical positions and changes, the uncertain policies of several major powers including the U.S., whether related to tariffs or several other decisions involving countries in Europe, the Greenland and Venezuela issues, which affect many international trade transactions as well as the penetration of new markets," he said.
The government has therefore adopted a realistic approach by exploring new sectors and markets, including new technologies, while simultaneously maintaining relationships with traditional trading partners, with the strengthening of ties with countries and regions beyond these. (1 ringgit equals 0.25 U.S. dollars) ■