Let’s look at some of the key points that surfaced:

  • Malaysia committed to buy 33 Boeing planes and probably 25 more in a US$10-20bn deal over the next five years.
  • Malaysian government to try and persuade Air Asia to buy General Electric engines. (Isn’t that their own business decision?)
  • EPF already has US$7bn in the US; to pump in another US$3-4bn there for US infrastructure development.
  • Khazanah to increase investments in the US.
  • Malaysia has stopped dealings with North Korea (What were we doing with them in the first place?)
  • Malaysia to crack down hard on extremist groups.

So what is Malaysia getting in return for all this?

Najib describes Malaysia as having a progressive, moderate government. Really? How does that square with his administration’s backing for Hadi’s RUU355?

No mention here of the elephant in the room: 1MDB and the US Department of Justice.

No mention here of the Rohingya, either.

Meanwhile, Najib and the Malaysian delegation were seen at the Trump International Hotel, reports the Washington Post:

Trump has come under fire for declining to divest of his interest in the hotel, which is now managed by his sons, creating opportunities for foreign governments and special interests to enrich the president while also seeking changes to U.S. policy, in Najib’s case within a few minutes’ time.

Remarks by President Trump and Prime Minister Najib Abdul Razak of Malaysia before bilateral meeting

Cabinet Room

12:11 P.M. EDT

PRESIDENT TRUMP: Thank you very much. It’s great to have the Prime Minister of Malaysia and his very distinguished delegation with us today. We’re talking about trade — very large trade deals. We’re working on one deal where between 10 and 20 billion dollars’ worth of Boeing jets are going to be purchased, General Electric engines will be purchased, and many other things.

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Also, Malaysia is a massive investor in the United States in the form of stocks and bonds, and the stock exchange. And they have to be very happy because we’re hitting new highs on almost a weekly basis. And so we’re very proud of our stock market and what’s happened since I became President. So I congratulate you on those investments.

But I just want to say, it’s an honor to have you here. It’s an honor to have your delegation with us. I believe you’ll be at the United Nations next week, and a lot of folks are going to be at the United Nations next week. It should be an exciting week, and we look very much forward to that.

But I want to thank you very much for all of the investment you’ve made in the United States. Also, the Prime Minister has a major role in not allowing ISIS — or, as you say, Daesh — and others to exist. And he’s been very, very strong on terrorism in Malaysia, and a great supporter from that standpoint. So that’s a very important thing to the United States.

He does not do business with North Korea any longer, and we find that to be very important. We had a vote yesterday on sanctions. We think it’s just another very small step — not a big deal. Rex and I were just discussing — not big. I don’t know if it has any impact, but certainly it was nice to get a 15-to-nothing vote. But those sanctions are nothing compared to what ultimately will have to happen.

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So thank you everyone for being here, and we appreciate it. Mr. Prime Minister, it’s a great honor to have you in the United States and in the White House. And thank you everyone for being here. Thank you very much. Thank you.

Would you like to say something?

PRIME MINISTER RAZAK: Thank you very much, Mr. President, for your invitation for me and members of my delegation to meet with you at the White House. I want to say that we come here with a strong value proposition to put on the table.

Number one, we want to help you in terms of strengthening the U.S. economy. I come with three specific proposals. Number one, we intend to increase the number of Boeing planes to be purchased by MAS. We are committed to 25 planes of the 737 MAX 10, plus eight 787 Dreamliners. And there is a strong probability — not possibility – probability that we will add 25 more 737 MAX 10 in the near future. So within five years, the deal will be worth beyond $10 billion. That’s one. We will also try to persuade AirAsia to purchase GE engines.

PRESIDENT TRUMP: Great.

PRIME MINISTER RAZAK: Secondly, we have Employees Provident Fund, which is a major pension fund in Malaysia. They’ve got quite a big sum of capital to be exported. They have invested close to $7 billion, in terms of equity, in the United States. And they intend to invest three to four additional billion dollars to support your infrastructure redevelopment in the United States.

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PRESIDENT TRUMP: Great.

PRIME MINISTER RAZAK: And thirdly, our sovereign fund, Khazanah, they have an office in Silicon Valley. They have invested about $400 million, in terms of high-tech companies, and they intend to increase that investment as well.

Secondly, the other goal of your administration, Mr. President, which is to make the United States safe — and with that, the world safe — we are committed to fight Daesh, IS, Al-Qaeda, Abu Sayyaf — you name it. They are the enemy of the United States, they are also the enemy of Malaysia, and we will do our part to make sure that our part of the world is safe.

We will also contribute in terms of the ideological warfare because you need to win the hearts and minds. And the key to it is to support moderate and progressive Muslim regimes and governments around the world, because that is the true face of Islam; that is the authentic face of Islam. The more you align with progressive and moderate regimes, the better it would be in terms of winning the hearts and minds of the Muslim world.

PRESIDENT TRUMP: Right.

PRIME MINISTER RAZAK: So, Mr. President, thank you once again. The United States has always been our partner for a long, long time. And this year is our 60th anniversary of our relationship, and I hope that today’s meeting will make it even stronger in the years to come.

PRESIDENT TRUMP: Thank you very much. Appreciate it.

Source: White House

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31 COMMENTS

  1. Che Det wrote:

    The workers of Malaysia will no doubt support Najib’s use of their pension money to enrich further the already rich United States. I am sure they don’t mind losing their money in this generous gesture.

    The Government of course has the right to take this money as it pleases. We wonder whether this money is a loan to the Government. Workers may want to know the terms of the loan. Government’s management of 1MDB does not convince people that it is skilled at managing money. If it fails to make profits how will it repay the loan to the workers of Malaysia.

    At the moment, the Government does not seem to have money. Malaysia Airlines is also not the most profitable airline company in the world. The question is, will we be seeing the US 10 billion (RM30 billion) again or will it disappear like 1MDB money.

    The visit by Malaysia’s Prime Minister to Washington to offer help to Malaysia’s richest friend will go down in history as the best example of how the poor can help the rich.

    • Now, we have a new history where a Malaysian PM can offer to help the mighty US economy!!!
      Sudah tentu ini fakta dalam Sejarah Malaysia Boleh (Bantu Negara Kaya) yang tentu akan di cetak dalam Buku-Buku Pelajaran Sejarah.

  2. I have come to conclude that certain quarters has no idea how to differentiate between investments and free handout of money. Where do you expect your EPF dividend to come from?

    Same who look to BR1M as ‘crumbs’ or Dedak but it is a loaf of bread to million of Malaysians. It provides reliefs to the age, poor and disabled. I assume you are neither? How thankful, are we?

    Same to those prior to GE13, when Najib tried to unite all under the banner of 1Malaysia. What did the Chinese do? They spat at him. They showed him the middle finger. But they are fine lobbying for supports for Dr M, who at the same time formed Perkasa, inciting racial slurs, trying to sabotage 1Malaysia.

    • The failure of 1Malaysia to cement the diverse people into one nation is not because of racist attacks on the minorities, but because of the complete failure by the BN to take action against such racism. None of the people, who are behind the racist slurs, were condemned or faced disciplinary actions.

      These people are always allowed to walk freely at the expense of unity. With the authorities incapable of taking steps to stop the racial bashing, the failure of the 1Malaysia concept becomes obvious.

      As for BR1M, it is just another form of GST rebate.

  3. Nothing is in it for Malaysia. BUT something is in it for MOSatu!
    Now who is taking the Bodoh Rakyat (precisely according to a Robert E.Lee) for a ride?
    Refelect on this & cast your vote WISELY!
    No need to be so intelligent like Robert E.Lee.

  4. Under six minutes, Najib further assured Trump, whose economy stands at nearly US$18.57 trillion last year, that Malaysia would strengthen the US economy and invest in Trump’s infrastructure programme.

    Now, what is the size of Malaysia’s gross domestic product? US$296.4 billion last year.

    Can a Malaysian economy, dwarfed by the US by some 62.65 times, strengthen the economy of the US significantly by investing in the infrastructure programme of the US?

    It is like Najib will go to Brazil next to offer our football expertise to strengthen Brazil’s national team!

    https://www.themalaysianinsight.com/s/14612/

    Utusan can convince it’s readers?

  5. Early 2015, A friend of mine, like most oppositions, warned me of an imminent Malaysia economy collapse ( Similar to what Bumi non Malay posted). Yet on the contrary, Malaysia continues to record exemplary GDP highs under the years since DSN took power as PM. As a keen observer in Malaysia Politics, I have but noticed that generally oppo supporters has limited intellectual. It sad they are swayed by the OPPO to hate on literally everything the government does for the sake of hating, be it good policies and decision-making. They read only the headlines and then form their own conclusions without doing any in-dept research. Also not to say a tendency to get aroused by trivial matters such as Najib and Trump’s neckties. What’s wrong with Najib investing EPF by virtue of helping the USA infrastructures. Doesn’t take an economist to know that if USA is doing well, Asia Stocks will soar, so does it’s economy. USA is our 3rd largest trading partner and they have more to bring to our table than us to theirs in terms of cash flows of investments.

  6. Trump Int. Hotel = Hotel California?
    Shake your head while listening to this:
    Hotel California – Eagles (Lyrics) – HD

  7. D.Trump really lives up to his name.
    Really a sly businessman .
    Squeezing and “tekan” the out of luck Bugis man.
    Am just surprised that the Bugis man did not donate $$$ to victims of Irma.
    Or did D.Trump did not want to push the envelope to far.

    • More like “squeeze the balls” into hardened miniature golf balls!
      I wonder if there is any ‘maruah’ left for Tanah Air Cinta Ku?

    • “The fact that we’re now becoming an exporter of capital is indicative that Malaysia is a successful nation” – Najib on Malaysia’s investment in USA.

  8. One sentence:
    Malaysia is a desperado ‘dying’ to send hard earned money to a super power to help its (US) development!
    Even to buy more from them than they buy from us.
    To recall history, didn’t we annually send Bunga Emas to the Thai King? Exactly asking for a return favour centuries later we are still doing it. What is the meaning of Merdeka???
    Now, if & only if I have millions in my EPF (like some richie Penangites), I will not sleep well until every Ringgit is withdrawn.

    The United States is the only country where its national debt is the highest in the world (pls check with World Bank). Who in their right brain would want to invest in a debtor nation, which delights in selling arms to make a profitable living yet can’t pay its massive debts.

    My advice to AirAsia: pls learn from MH370 Mystery if you intend to buy (under pressure or whispers) technology (with AI that can change the course of a plane) from the US. You may lose a plane right under the noses of our national defence radars!!!

    Malaysia is indeed a desperado!

  9. UNLIKE NORWAY, MALAYSIA SHOWCASES 1MDB!

    Closing remarks: Ok folks, especially Malay and bumiputra readers, listen closely.

    All the above was possible because the gomen had excess oil money to burn. Now the oil money is drying up. The gomen has no more money.

    Chief … has confirmed (more than once) that if not for the GST, the gomen will not even be able to pay the salaries of 1.6 million Civil Servants.

    Everything is being cut – PTPTN loans, hospital services, no more patrols by forest rangers, no more subsidies, GST taxes are eating more into our purchasing power.

    The Chief … has said that out of a 14 million workforce, only 2.1 million actually pay taxes. It will be interesting to see the racial mix up of those 2.1 million people and what portion each race contributes to the gomen’s income tax revenues.

    But we can rest assured that a large portion of those 2.1 million who pay taxes are the non Malays / non bumiputras. I really don’t think that the 7.0 million mostly Malays and bumiputras who are on the list of BR1M recipients actually pay taxes.
    http://syedsoutsidethebox.blogspot.sg.prx.proxyunblocker.org/

    The country’s oil production has experienced overall decline since peaking at 862,000 bbl/d in 2004 as a result of maturing fields, particularly larger fields in the shallow waters offshore Peninsular Malaysia.
    http://abarrelfull.wikidot.com/malaysia-oil-and-gas-profile

    WIth finite and declining & maturing oil and gas reserves, Malaysia hasn’t a showcase for the investment of income derived from its oil and gas production unlike Norway, which has invested the income from its oil and gas reserves so wisely that it now has what many consider to be the world’s largest sovereign wealth fund, estimated to be worth $1tr (£0.6tr) by 2020.
    http://www.bbc.com/news/world-europe-24049876

    Malaysia showcases 1MDB!

    • Maybe MO1 is employing ‘Art of the decal’ to sell FGV palm oil to USA, since EU has banned the palm oil on unsustainable reason? Get MasterChef or Hell’s Kitchen TV shows to promote palm oil?

      Or getting Petronas to sponsor NASCAR racing to enter US market?

    • US once tried to breed covered Asean species of swiftlets but without success!
      And then they ‘jealous’ US scientists declared in their medical journals that bird nests are a health fluff.
      Thanks to Goddess of Mercy / Mazu for making it an absolute failure to breed swiftlets in monopolistic US.
      Everything of value, they want to covert from you.

  10. He Met Saudi Sultan to Trick Malay Muslim that 1MDB is OK(?)..

    Now najib Met Trump to Trick Malay Muslim again that DOJ is Non Issue…… Just Imagine if it was Lim Guan Eng on a 278 Pages DOJ as MO1…..even … UMNO-PAS … would get excited to Obliterate this Crime….But such is Doomed MALU SIAL….then nation is on the verge of Mega Economic Collapse……pity those who still not prepared …

    • It is not possible to prepare under the existing, rigged system where the highest bribe wins. The vast majority are days or weeks from destitution or from impossibly expensive illness. It is exactly the same in the Great Empire, the source of so much advice and demands to other nations. Ex-Malaysians who have escaped to certain, partly socialist countries including Australia, Scandinavia and parts of Central America tell us they are happy to pay high, income tax because they do not have to agonise over these. So, imperial plans prioritise undermining them, e.g. (a) creating refugees and directing them there (b) asking a certain nation the specialises in terrorism to “radicalise” gullible, local-born youth. E.g., take a look at the concerns, activities and interests of http://steadyaku-steadyaku-husseinhamid.blogspot.my/
      a 70-year-old Malaysian taking care of his Aussie wife who is bedridden with dementia.

  11. According to news report it was Najip who chose to book in Trump International Hotel amongst other goodies at the expense of taxpayers, maybe to pacify Trump given the !MDB debacle & other shennanigan. He is sadly mistaken since the pending action is not under Trump control & American would not allow him to get involved.

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