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BUSINESS • 04/12/2024 01:39 PM

Signing Of JS-SEZ Agreement With Singapore Postponed To Next January - PM Anwar

KUALA LUMPUR, Dec 4 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim announced that the signing of the Johor-Singapore Special Economic Zone (JS-SEZ) agreement on Dec 9 has been postponed to next January.

Anwar, also the finance minister, said the delay was due to Singapore Prime Minister Lawrence Wong being down with COVID-19. "Last night, the Prime Minister of Singapore informed me that he was infected with COVID-19. Therefore, maybe the signing (of the agreement) should be postponed to January," he told Dewan Negara when presenting the second reading of the Supply Bill 2025.

According to Anwar, the agreement would be a very meaningful step in the context of ASEAN and Malaysia's good relationship with Singapore."It will strengthen trade and investment cooperation which we believe will boost the economy and development of Johor," he said.

On Nov 28, Economy Minister Rafizi Ramli informed that the review of the draft joint JS-SEZ agreement between Malaysia and Singapore was in the final stage and expected to be finalised this December. 

-- BERNAMA

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