India Malaysia Relations: Strategic Agreements and Key Developments

Context
India and Malaysia signed multiple agreements to deepen strategic ties across trade, investment, defence, security, energy, advanced manufacturing and semiconductors.

Developments in India–Malaysia Relations
• Strategic cooperation expanded through 11 agreements covering defence, security, semiconductor sector, trade, energy and digital technologies
• Push for local currency trade using Indian Rupee and Malaysian Ringgit for bilateral settlement
• Defence and security cooperation in counter-terrorism, maritime security and intelligence sharing
• Malaysia highlighted India’s economic growth as a major global growth driver
• India to open a Consulate General in Malaysia
• Malaysia reiterated support for India’s permanent membership of UNSC

Palm Oil – Key Data

Top Global Producers
• Indonesia
• Malaysia
• Thailand

India’s Top Palm Oil Import Sources
• Indonesia
• Malaysia
• Thailand

Top Global Importers
• India
• China
European Union

Top Global Consumers
• Indonesia
• India
• China

PYQ – 2021, Ans – B

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