Oleh/By		:	DATO' SERI DR. MAHATHIR BIN MOHAMAD 
Tempat/Venue 	: 	SRI PERDANA, KUALA LUMPUR 
Tarikh/Date 	: 	03/08/95 
Tajuk/Title  	: 	DINNER IN HONOUR OF HIS EXCELLENCY 
			P.V. NARASIMHA RAO, PRIME MINISTER 
			OF INDIA 



             It is indeed a privilege and an honour for me
    to play host to the leader of a great Asian nation with
    which  Malaysia has close and cordial relations  dating
    back  for centuries.  In welcoming Your Excellency  and
    members  of  Your Excellency's distinguished delegation
    to  Malaysia, I am reminded of the immense contribution
    India  has  made  to  the rich cultural  and  religious
    diversity  of this country.  It is a contribution  that
    has  laid  a  strong foundation for the friendship  and
    cooperation   that  happily  exist  between   our   two
    countries.  Your visit will no doubt further strengthen
    this relationship.

    2.   It is no coincidence that Malaysia and India share
    many  common  views  and perceptions  on  regional  and
    international  issues, especially those concerning  the
    rights  of developing countries to development and  the
    promotion of international peace and stability.  It  is
    a  commonality  borne  out  of  our  shared  historical
    experience  and of our common aspiration for  a  better
    world  for mankind-a world governed by a sense of  fair
    play,  justice  and respect for international  law  and
    norms of behaviour.  This has made it possible for both
    our countries to cooperate and work closely together at
    the  United  Nations, the Commonwealth, the Non-Aligned
    Movement, the G-15 as well as other international fora.

    3.    Close as our cooperation has been on regional and
    international  issues,  a  major  test  of  our   close
    relations  must  be  the  level of  bilateral  economic
    cooperation  between the two countries.   Although  the
    value of total trade between Malaysia and India in 1994
    had  shown an encouraging increase over that  in  1993,
    and   several   Malaysian  and  Indian  companies   are
    operating  in  each others' country under joint-venture
    arrangements,  the  level of economic  interaction  and
    cooperation  is  still low compared  to  the  potential
    available.  There is therefore a lot more that Malaysia
    and  India  could  do  together  to  realise  the  full
    potential  of  economic opportunities offered  by  both
    countries.   This  is an issue that we had  deliberated
    upon  this  morning and on which several understandings
    have been reached.

    4.    It is the intention of the Government of Malaysia
    to  see  that  the understandings we have  reached  are
    carried   out  for  the  mutual  benefit  of  our   two
    countries.   Malaysia  is  committed  to  working   and
    cooperating closely with India not only in  the  spirit
    of  South-South  cooperation but also  because  of  the
    importance  that we attach to India as an economic  and
    political  force.   We  see in a  prosperous  India  an
    important  economic partner, a market,  as  well  as  a
    source of stability in the South Asian region.

    5.    As  governments liberalise their  economies,  the
    role  of the private sector becomes more crucial  in  a
    country's  development  process.   The  agreements  and
    understandings we have reached on economic  cooperation
    could  only be realised with the participation  of  the
    private  sector.  I  am  therefore  very  happy,   Your
    Excellency, that you have brought with you a number  of
    prominent Indian businessmen and entrepreneurs who  are
    keen to develop business relations with their Malaysian
    counterparts.

    6.    I  have reason to be optimistic that their  visit
    and their discussions with their Malaysian counterparts
    will  result in concrete projects both in Malaysia  and
    India. My optimism is in fact inspired very much by the
    brave   economic   policies  and  reforms   that   Your
    Excellency had initiated.  The encouraging growth  that
    India  had  experienced and the  dramatic  increase  in
    foreign investment in your country speaks well  of  the
    policies  that  you have introduced.   In  opening  the
    country  to  foreign  investment, Your  Excellency  has
    created   opportunities  for  Malaysian  companies   to
    participate in India's development.

    7.    As we rejoice over the economic progress that our
    two  countries  have  made and the peace  and  security
    under  which our people live, others in other parts  of
    the  world  are  not  so  fortunate.   The  peoples  of
    Somalia,  Rwanda,  Chechnya; and in particular  Bosnia-
    Herzegovina  are  being killed,  raped,  plundered  and
    driven  out of their countries.  It is ironic  that  in
    this day and age, on the eve of the 50th Anniversary of
    the  United  Nations, the powerful and  self-proclaimed
    defenders  of  justice,  human rights  and  peace  seem
    paralysed when faced with genocide perpetrated right in
    front  of them.  In Bosnia-Herzegovina resolution after
    resolution had been passed calling for strong action to
    protect  the innocent Bosnians.  Yet nothing  has  been
    done  by  those  in  a position to  do  so  that  would
    effectively  put  an  end  to  Serbian  aggression  and
    brutalities  against the Bosnian Muslims.  Rather  than
    celebrating the 50th Anniversary of the United Nations,
    it  is  perhaps more fitting to declare the anniversary
    as  a  day  of mourning for the failure of  the  United
    Nations  to live up to its expectation as the  guardian
    of peace and protector of the weak and the helpless.

    8.    Your  visit is indeed a brief one  but  it  marks
    another  milestone  in the relations  between  our  two
    countries.  In the next few months there will  be  many
    opportunities for us to meet and continue  the  ongoing
    process  of consultations with one another over  issues
    of mutual concern.  I look forward to meeting with Your
    Excellency again soon.


 
 



 
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