AGL 38.02 Increased By ▲ 0.08 (0.21%)
AIRLINK 197.36 Increased By ▲ 3.45 (1.78%)
BOP 9.54 Increased By ▲ 0.22 (2.36%)
CNERGY 5.91 Increased By ▲ 0.07 (1.2%)
DCL 8.82 Increased By ▲ 0.14 (1.61%)
DFML 35.74 Decreased By ▼ -0.72 (-1.97%)
DGKC 96.86 Increased By ▲ 4.32 (4.67%)
FCCL 35.25 Increased By ▲ 1.28 (3.77%)
FFBL 88.94 Increased By ▲ 6.64 (8.07%)
FFL 13.17 Increased By ▲ 0.42 (3.29%)
HUBC 127.55 Increased By ▲ 6.94 (5.75%)
HUMNL 13.50 Decreased By ▼ -0.10 (-0.74%)
KEL 5.32 Increased By ▲ 0.10 (1.92%)
KOSM 7.00 Increased By ▲ 0.48 (7.36%)
MLCF 44.70 Increased By ▲ 2.59 (6.15%)
NBP 61.42 Increased By ▲ 1.61 (2.69%)
OGDC 214.67 Increased By ▲ 3.50 (1.66%)
PAEL 38.79 Increased By ▲ 1.21 (3.22%)
PIBTL 8.25 Increased By ▲ 0.18 (2.23%)
PPL 193.08 Increased By ▲ 2.76 (1.45%)
PRL 38.66 Increased By ▲ 0.49 (1.28%)
PTC 25.80 Increased By ▲ 2.35 (10.02%)
SEARL 103.60 Increased By ▲ 5.66 (5.78%)
TELE 8.30 Increased By ▲ 0.08 (0.97%)
TOMCL 35.00 Decreased By ▼ -0.03 (-0.09%)
TPLP 13.30 Decreased By ▼ -0.25 (-1.85%)
TREET 22.16 Decreased By ▼ -0.57 (-2.51%)
TRG 55.59 Increased By ▲ 2.72 (5.14%)
UNITY 32.97 Increased By ▲ 0.01 (0.03%)
WTL 1.60 Increased By ▲ 0.08 (5.26%)
BR100 11,727 Increased By 342.7 (3.01%)
BR30 36,377 Increased By 1165.1 (3.31%)
KSE100 109,513 Increased By 3238.2 (3.05%)
KSE30 34,513 Increased By 1160.1 (3.48%)

TOKYO: Japan and Malaysia signed a security assistance deal on Saturday including a grant of 400 million yen ($2.8 million) to boost Malaysia’s maritime security, as Asian nations seek to counter an increasingly assertive China.

Japan will provide equipment such as rescue boats and supplies under the official security assistance deal, signed by the two countries’ foreign ministers on the sidelines of a Tokyo summit marking 50 years of ties between Japan and the Association of Southeast Asian Nations (ASEAN).

Japanese Prime Minister Kishida welcomed the elevation of the Japan-Malaysia relationship to a “comprehensive strategic partnership”, Japan’s foreign ministry said in a statement.

In addition to Malaysia, ASEAN members the Philippines, Vietnam, Indonesia, Malaysia and Brunei claim parts of the South China Sea disputed by China, which claims almost all of the waterway that is a conduit for more than $3 trillion of annual ship-borne commerce. The Permanent Court of Arbitration in 2016 said China’s claims had no legal basis.

Japan, ASEAN to boost security ties with eye on China

China and Japan last week accused each other of maritime incursions after a confrontation between their coast guards in waters around islands they both claim in the East China Sea.

Japan’s aid to Malaysia follows similar deals with the Philippines and Bangladesh this year and is part of a plan announced in April for Japan to provide developing countries with financial assistance to bolster their defences.

In the three-day summit through Sunday, Japan is offering ASEAN members support to boost their standing as international actors and help them manage their relations with others, including China, said an official at Japan’s foreign ministry.

Kishida is expected to meet separately with the leaders of all the ASEAN members, which also include Cambodia, Singapore, Thailand, Laos and Timor-Leste.

Comments

Comments are closed.