Oleh/By		:	DATO' SERI DR. MAHATHIR BIN MOHAMAD 
Tempat/Venue 	: 	SRI PERDANA, KUALA LUMPUR 
Tarikh/Date 	: 	04/04/94 
Tajuk/Title  	: 	THE OFFICIAL DINNER IN HONOUR OF 
			HIS EXCELLENCY CARL BILDT, PRIME 
			MINISTER OF SWEDEN 


 
    It  is  an  honour and a privilege for me, on behalf of
the Malaysian government, to welcome you as well as  members
of your delegation to Malaysia.  This is the first time that
we have the honour of receiving a Prime Minister from Sweden
and  we are indeed pleased at the opportunity to reciprocate
the hospitality and warm reception extended by  the  Swedish
government   and  people  to  both  myself  as  well  as  my
predecessors during our visits to your lovely country.
2.   I hope that during your short visit here  you  will  be
able  to  observe  for  yourself  how Malaysia's multiracial
society  lives  and  our  efforts  at  nation-building   and
economic development.
3.    This morning we have had a very fruitful discussion on
a wide range of  issues  of  mutual  interest  and  concern.
Since  the  establishment  of  diplomatic  relations between
Malaysia  and  Sweden,  both  our  countries  have   enjoyed
friendly  relations  which  have gradually expanded over the
years,  bilaterally  as  well  as   multi-laterally.
4.  Today, among the Scandinavian countries, Sweden ranks as
Malaysia's largest trading partner and there are significant
Swedish  investments  in  Malaysia.     The  modernity   and
sophistication  of  Swedish technology is world renowned and
we certainly  look  forward  to  learning  from  you  as  we
intensify  our  industrialisation efforts.   In this regard,
the initiative of Swedish companies in Malaysia to establish
a Malaysia-Sweden Scholarship Fund  is  indeed  commendable,
enabling   Malaysians  to  acquire  practical  training  and
hi-tech knowhow from Sweden.
5.   Today, Southeast Asia is at peace with itself  and  the
rest  of  the  world.    We  now  have  the  opportunity  to
concentrate  our  energies  on   achieving   stability   and
progress.
6.      Southeast Asia is among the few fortunate regions to
benefit from the ending of  the  Cold  War.    The  same  is
happening  to  the  Nordic region where the Baltic republics
are seeking reintegration  with  their  western  neighbours.
Regrettably,  in  the  Balkan region, Serbian aggression and
extreme  nationalism  has  thrown  Bosnia-Herzegovina   into
senseless  conflict  and  turmoil,  which may well extend to
Kosovo and Macedonia.
7.     Malaysia  appreciates  that  Sweden  has  contributed
generously  to  the  UN peacekeeping and humanitarian relief
efforts in Bosnia-Herzegovina.   Malaysia too  has  deployed
1,500 soldiers in Bosnia under UNPROFOR.  This together with
our  active  participation in practically all United Nations
peacekeeping activities reflect  our  belief  in  collective
responsibility  to safeguard the sovereignty and territorial
integrity of member states.  As a small nation  Malaysia  is
well aware that we are not free from such threats.
8.   Recent developments on the Bosnian situation have given
rise  to  a  glimmer of hope for normalcy and peace for that
tragic nation.  However, we must not deceive ourselves  into
any  premature  celebration.    A  durable peace can only be
achieved if the European powers are prepared  to  let  deeds
follow  words.    It  is  the  shooting  down of few Serbian
aircraft that delivered the  message.    But  for  that  the
massacres would have gone on.
9.      Malaysia  has  also  noted  with interest the recent
completion of the negotiation process in the application  of
Sweden,  as  well as Austria, Finland and Norway to join the
European Union (EU).  An enlarged European Union, stretching
into the Arctic Circle and the borders  of  Russia,  with  a
single market of over 370 million people presents us with an
enormous  challenge  and  opportunity of increased trade and
cooperation.  We hope that Swedish participation in  the  EU
would  lead  to  a  more liberal economic approach by the EU
internationally.  As trading nations, our future  well-being
depends  very  much  upon  open  and unmanaged international
trade.
10.  We should therefore welcome the recent agreement in the
GATT negotiations and  the  proposal  for  a  World  Trading
Organisation.  We hope that everyone will abide by the terms
of  the  agreement.   It would be disastrous if some were to
renege or take unilateral action.
11.   A  developing  country  like  Malaysia  has  very  few
comparative  advantages.    When we industrialise we have to
pay  interest  on  foreign  capital,  royalty   on   foreign
technology,  taxes  to penetrate the markets of the rich and
considerable amounts on consultancy.  Our sole advantage  is
our  lower  cost of labour, made possible by our low cost of
living.   We have to forego many  luxuries,  and  even  some
necessities.
12.    If  this sole advantage is taken away from us then we
will not be able to develop much  less  catch  up  with  the
developed countries.  Yet there have been talks of levelling
the  playing  field by removing the labour cost advantage we
have.
13.  I would like to point out that a level playing field is
only  meaningful  if  the  contestants  are  of   comparable
strength.    But  a  level  playing field is meaningless for
midgets competing against giants.    We  of  the  developing
countries  are  midgets  and can find no solace in levelling
the playing field without cutting down the giants to size.
14.  In conclusion, may I once again express our pleasure in
having you and members  of  your  delegation  with  us  this
evening.
                      
 
 



 
Google