Oleh/By		:	DATO' SERI DR. MAHATHIR BIN MOHAMAD 
Tempat/Venue 	: 	SRI PERDANA, KUALA LUMPUR 
Tarikh/Date 	: 	29/05/96 
Tajuk/Title  	: 	THE OCCASION OF THE VISIT OF THE 
			PRIME MINISTER OF THAILAND 



           It  gives  me  great pleasure to welcome  Your
    Excellency   and  members  of  your  delegation   to
    Malaysia.  Your visit is indeed significant as  this
    is  your first to Malaysia, since assuming the Prime
    Ministership seven months ago.  This is  our  second
    meeting this year.  I value the occasion for meeting
    and  exchanging views with Your Excellency.  I  hope
    that  the  goodwill and understanding reinforced  by
    our regular meetings will make the relations between
    our  two nations more dynamic and substantial.  Your
    presence and the presence of several of your Cabinet
    colleagues,  together with important private  sector
    personalities,  symbolise  our  mutual   desire   to
    strengthen  further  the  traditionally  close   and
    special  relations that exist between  Malaysia  and
    Thailand.   I look forward to exploring new  avenues
    during our bilateral consultations tomorrow in order
    to enhance bilateral ties.
    
    2.    Malaysia  and Thailand are close  friends  and
    neighbours in the ASEAN family.  Our relations  have
    over  the  years  progressed  amicably.   The  broad
    cooperation   under  the  purview   of   the   Joint
    Commission  and  the  General Border  Committee  are
    proceeding well. In many instances they manifest the
    confidence and trust Malaysia and Thailand place  in
    each   other.  People  to  people  contact  is  also
    substantial.    Every  year  close  to   a   million
    Malaysians visit Thailand and about half that number
    of  Thais visit Malaysia.  The rapid construction of
    new  communications network throughout Malaysia  and
    Thailand  will  certainly facilitate greater  travel
    and contact between our two countries and create new
    growth  areas.   Malaysia also  welcomes  Thailand's
    initiative to forge land communication links between
    herself and the countries of Indo-China.  This  will
    bring the region closer together as they will enable
    Malaysia to gain access to these countries also.
    
    3.    I  see similar motivation when Thailand agreed
    with  Malaysia  to  promote the  idea  of  a  growth
    triangle  involving  Northwest Peninsular  Malaysia,
    Southern Thailand and Northern Sumatra.  The idea of
    exploiting our respective comparative advantages  to
    develop   a   common  growth  area  was   not   only
    economically  logical but politically  desirable  as
    well.   Socio-economic  developments  of  our   less
    developed  regions would help to balance the  growth
    of  our  respective countries and bring these  areas
    into the national economic and political mainstream.
    And by encouraging the private sector to lead in the
    development of the IMT-GT, we are planting the seeds
    of  real cooperation between our private sectors, to
    prepare  them for bigger things when the ASEAN  Free
    Trade Area is fully realised.  In this connection, I
    am  happy to note that Thais and Malaysian companies
    together   with   the   Indonesians   are   actively
    discussing  a  "Land  Bridge"  that  will  alleviate
    traffic  congestion in the Straits  of  Malacca  and
    create  new  centres of growth in Southern  Thailand
    and  Northern Peninsular Malaysia and North Sumatra.
    Its  advantages for our countries are obvious and  I
    am  confident that our Governments will give it  the
    support  it deserves.  I am also encouraged  by  the
    fact that in the overlapping continental shelf area,
    we have turned a potential conflict into a source of
    opportunity   by  creating  the  joint   development
    authority to jointly exploit and equitably share the
    benefits  of non-living resources of the areas.   We
    will  soon  reap  the fruits of the vision  of  past
    leaders.
    
    4.    The weakness in our bilateral relations is  in
    the   area  of  direct  investments.   Despite   the
    incremental  expansion  in  bilateral  trade,   Thai
    direct  investments in Malaysia in 1995 amounted  to
    only RM552 million (5.4 billion Baht).  The bulk  of
    Thai investments is in the rubber products industry,
    food  manufacturing  and textile products  industry.
    Together, these three industries account for over 85
    percent   of  all  Thai  investments  in   Malaysia.
    Likewise,  Malaysian investments  in  Thailand  have
    been equally unimpressive.  I believe that more  can
    be  done to upgrade this particular sector.  In this
    context, I am very pleased that Your Excellency  has
    included   prominent   Thai  businessmen   in   your
    delegation.  I hope they will utilise the  visit  to
    explore   with  their  Malaysian  counterparts   new
    investment and joint venture opportunities either in
    the   domestic   market  or  in   third   countries,
    particularly  in  the manufacturing, transportation,
    utilities and communication sectors.
    
    5.    I am deeply convinced that the depth of mutual
    understanding and trust between our two nations  has
    significantly contributed to the overall  atmosphere
    of  peace and cooperation in the region.  Indeed, in
    the  case  of  ASEAN  the sum  of  its  parts  truly
    constitutes  the  better  whole.  I  recalled   with
    pleasure  the Fifth ASEAN Summit that  was  held  in
    December  last year in Bangkok which has  manifested
    the  maturity  and  confidence of  the  Association.
    ASEAN  has  now become a forum capable of  sustained
    cohesiveness   upon   which   political,   security,
    economic and functional cooperation issues have been
    and   continue  to  be  effectively  addressed   and
    managed.   We  would in the years  ahead  see  ASEAN
    focus  more  sharply on forging quality  development
    and   prosperity  for  its  member  states,   whilst
    enhancing  ASEAN's  role  in international  economic
    affairs  through  the  ASEAN  Regional  Forum.   The
    Bangkok  Summit was truly momentous  as  it  set  in
    train   the  eventual  incorporation  of   all   the
    countries  in  Southeast  Asia  as  ASEAN   members,
    fulfilling the dream of the organisation's  founders
    for  a  truly united Southeast Asia.  We in Malaysia
    placed  great value on this unity for, individually,
    we  have  minimal ability to influence  developments
    which can have repercussion in our countries.
    
    6.    ASEAN also has on its agenda the EAEC, a forum
    not  directed against anyone.  Rather the EAEC would
    provide  the opportunity for the expanding economies
    of  East Asia to discuss economic matters of  common
    concerns  to  them.  An East Asia that  is  able  to
    develop  orderly  with minimal  dislocations  surely
    would   be  good  for  everybody.   I  am  therefore
    grateful  to the Thai Government for being  one  for
    the  earliest  to see and support the logic  of  the
    EAEC.   No  doubt ASEAN will continue to  be  seized
    with the proposal until its realisation.
    
    7.    No  man  is  an island and the present  global
    realities  point towards the ever increasing  global
    interdependence.   There exists a  concentration  of
    economic  dynamism in some parts of  the  world  and
    poverty,  deprivation and conflicts in other  parts.
    Regional  and international cooperation have  become
    indispensable  to the common good and prosperity  of
    the  international  community  is  to  be  achieved.
    Malaysia  and Thailand are relatively small  nations
    but  we  have  shown the commitment and  courage  to
    participate and contribute positively in  the  realm
    of  multilateral cooperation namely  in  the  United
    Nations  and its numerous agencies.  It  is  through
    such  participation that Malaysia and  Thailand  can
    play  a  role  towards achieving  global  peace  and
    prosperity.
    
    8.    I view the regular exchanges of visits between
    the  leaders  and officials of our two countries  as
    very   useful  in  fostering  the  extremely   close
    relationship between our two countries.  We need  to
    continue this practice.
    
    9.     We   also  need  to  encourage  the   younger
    generation  to  get to know each  other  better,  to
    instil  in  them  the  spirit of  togetherness  that
    happily  exist  between Malaysia  and  Thailand  and
    within  ASEAN.I  look  forward  to  more  of   these
    exchanges.
    
    10.  May I take this opportunity to offer my sincere
    felicitations,  through you, to His Majesty  on  the
    50th  Anniversary  of his ascension  to  the  throne
    which is to be officially celebrated this year.

 
 



 
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