Prime Minister Najib Razak praised his fellow Indian counterpart Narendra Modi as a ‘bold reformist’.
In a dialogue session via video conference with Modi, Najib said he took the opportunity to congratulate him for being bold for doing things and not many people could have done so.
Najib also wished him success and told that “If you are courageous enough to do the reforms I am sure you will reap the rewards.”
Modi’s initiatives are Ease of Doing business, reducing regulatory obstacles, unearthing black money, digitisation and introduction of GST by end of 2017.
Both were exchanging views in conjunction of The Economic Times’ Asian Business Leaders Conclave conference held in Kuala Lumpur today and tomorrow.
Modi in response said to be confident that this event will encourage the business leaders in driving and promoting the trade, investment agenda between the two countries.
He added to experienced a memorable visit to Malaysia last year and looking forward to welcome Najib’s visit to India scheduled next year.
Earlier during his speech, Modi said the fact that Economic Times has chosen Kuala Lumpur as venue of this conference proves Malaysia’s importance as a commercial destination.
He added that India and Malaysia have strong ties and the large Indian community in Malaysia is a testament to that success.