THE presence of representatives from the International Economic Senate (IWS) and the World Economic Council in Malaysia marks a valuable opportunity for expanded foreign investment, particularly from German companies, Prime Minister Datuk Seri Anwar Ibrahim said on Friday.
Welcoming the delegation during a courtesy visit led by IWS Chairman Peter Nussbaum earlier in the day, Anwar said the discussions reflected Malaysia’s continued efforts to attract foreign direct investment under the MADANI Government.
“This is part of our ongoing initiative to explore new investment opportunities, especially with German companies,” he said in a Facebook post.
“We exchanged views on policies and business facilitation under the MADANI Government that could benefit foreign investors.”
Anwar added that Malaysia sees increasing potential in this area, particularly in light of the recent decision to resume negotiations for the Malaysia-European Union Free Trade Agreement (MEUFTA), which was officially re-launched on 20 January this year.
The IWS, based in Germany, aims to unite business leaders, entrepreneurs, and policymakers to promote sustainable economic development and responsible business practices.
The World Economic Council, a key initiative under the IWS, brings together senior business figures, government officials, and subject-matter experts across a range of fields.
Germany has been Malaysia’s largest trading partner among European Union member states since the year 2000. - May 9, 2025
