LETTERS: Some quarters have questioned why the Prime Minister, Datuk Seri Anwar Ibrahim frequently travels abroad.
Upon closer examination, these trips are a robust strategy to restore Malaysia's prominence on the global stage particularly in advancing the nation's economic development amid an increasingly challenging geopolitical landscape.
A critical element of the prime minister's travels is bilateral meetings with world leaders. These are not mere symbolic gestures but strategic steps to fortify bilateral relations that yield significant benefits.
Bilateral discussions with Premier Li Qiang paved the way for strategic cooperation and increased investments in high-quality technology, digital economy, education, and high-skill sectors.
In a bilateral meeting with Egyptian President Abdel Fattah El-Sisi, efforts were made to bolster strategic ties in areas such as investment, trade, palm oil, halal industries, education, tourism, health, and renewable energy resources.
Meanwhile, bilateral engagements with Peruvian President Dina Ercilia Boluarte Zegarra and Brazilian President Luiz Inacio Lula da Silva illustrate the prime minister's vision to expand Malaysia's reach into previously untapped markets.
This is crucial for diversifying Malaysia's trade partners beyond traditional markets like Asean, Europe, and China.
Most recently, in a meeting with South Korean President Yoon Suk Yeol, both leaders agreed to deepen ties in political and security cooperation; economic collaboration; cultural, educational, and tourism exchanges; and regional and global partnerships.
The most significant aspect of these visits is the prime minister's efforts to attract foreign investments that could drive our economic growth.
A strong economy is a prerequisite for institutional and political reforms. Thus, these visits are not merely about promoting Malaysia to investors but also about laying a solid foundation for implementing the prime minister's reform agenda.
By positioning Malaysia as an attractive investment destination, the government can stabilise national revenues, reduce fiscal pressures and enable reforms in other critical areas.
Those questioning the frequency of these visits often fail to see the bigger picture.
Malaysia's economy needs a significant leap forward to remain competitive, and these trips are part of a holistic strategy to ensure the nation does not fall behind in an increasingly complex global economic landscape.
From bilateral meetings and investor engagements to a focus on modern economic sectors, these efforts are far from futile.
At a time when global economies are facing uncertainty, these initiatives are not just necessary — they are imperative.
DATUK DR MOHD FOAD SAKDAN
Vice-Chancellor
Universiti Utara Malaysia