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As much of the world transitions into an endemic phase, countries across the globe are
looking to repair the global linkages that were shattered by the pandemic. This means
restoring international trade and investment flows, deepening economic integration and
cooperation, and reenabling safe travel and tourism. Malaysia, too, has been eager to
rebuild its linkages with the world. As Malaysia looks towards recovering an economy
battered by the pandemic, policymakers have renewed their focus on placing Malaysia in
the global economy.
Indeed, in recent months, the Malaysian government has repeatedly a rmed the role of
international trade and foreign direct investment (FDI) in driving economic growth and
development. In the Ministry of Foreign A airs’ Foreign Policy Framework published in
December 2021, restoring Malaysia’s economic links with the world is listed as an
immediate priority. 1