ID :
92950
Thu, 12/03/2009 - 11:21
Auther :

GLOBAL SECURITY RESPONSIBILITY OF ALL NATIONS, NOT INDIVIDUALLY

LANGKAWI (Malaysia), Dec 3 (Bernama) -- Global security should be the responsibility of every nation acting in a concerted manner rather than a nation or a group of nations, as countries gradually adjust to the global financial crisis.

In making the call Wednesday, Prime Minister Najib Razak said everybody must
contribute their fair share in ensuring global peace and security.

"I am not in any way advocating greater defence spending especially as we
adjust to a world economy still reeling from the global financial meltdown," he
said in his speech at the Langkawi International Maritime and Aerospace
Exhibition (LIMA 2009) Gala Dinner at the Mahsuri International Exhibition
Centre, here.

The dinner was attended by 224 delegates mostly policy makers and captains
of industries in the aerospace, maritime and military sectors.

Najib said no nation could afford to abdicate their responsibility, leaving
others with the burden of meeting the current global challenges.

"However, we need to be constantly reminded in this day and age of
globalisation that for global security to be enduring it cannot be the work of
one nation or a group of nations but it must be the work of every nation acting
in concert," he said.

Citing the incidences in the Gulf of Aden, where two Malaysian oil tankers
were taken hostage, he said that it was a prime example why global cooperation
was important.

"In the final analysis, global security is interlinked. In a globalised
world, instability in one country however geographically removed will eventually
impact all, only the degrees differ," he said.

"As a peace-loving trading nation, Malaysia sees its ultimate interest is in
consonant with all other peace-loving nations, a world where conflicts are
replaced by constructive engagements and free trade, where alliances of arms are
replaced by alliances to fight global hunger, communicable diseases and the
challenges stemming from climate change," Najib said.

He said Malaysia had already shown considerable commitment towards
developing and facilitating sustainable partnerships, recognising that aviation
and maritime infrastructure were critical to national development and global
integration.

This were seen especially in strategic areas such as original equipment
manufacturers; and maintenance, repair and overhaul (MRO) in support of the
Malaysian defence industry.

"My government will continue to be business friendly. We will continue to
build on the foundations for growth that has seen the Malaysian aerospace
industry more than double in value over this decade, from RM10.8 billion in 2001
to RM24.5 billion in 2008," he added.

This uptrend was set to continue this year, even under extreme pressure
from the current state of the world's economy; with total industry's revenue for
this year expected to increase by seven percent to RM26.2 billion, he said.

Najib, who was involved in six LIMA shows during his 14 years and two
tours at the Defence Ministry, said the LIMA 2009 was expected to rake in
businesses worth over RM10 billion.

On Wednesday, he witnessed a total of RM3.4 billion worth of contracts and
signing of several memoranda of understanding between the Malaysian government
and local and international defence-related companies as well as among private
sectors.

Najib said Asia's defence market provided many opportunities for
manufacturers as regional governments sought to modernise their air forces,
navies, coast guards and security agencies.

"Evidence of this is clear in the signing of multiple defence contracts
during this edition of LIMA. I am informed that the total value of business
generated at LIMA this year is currently at a very impressive RM9.8 billion."

"I am confident that as we progress deeper into the week, this figure will
breach the RM10 billion mark. Proof that all is well in the defence industry,"
he said.

According to him, a report had showed that Asean's defence and security
spending would exceed US$350 billion in the years leading up to 2020.
(US$1=RM3.38)
-- BERNAMA


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