Oleh/By  	:	DATO SERI DR MAHATHIR BIN MOHAMAD
Tempat/Venue	:	WASHINGTON DC, USA
Tarikh/Date	:	14-05-2002
Tajuk/Title 	:	ON THE OCCASION OF THE US  - 
			ASEAN BUSINESS COUNCIL DINNER
Versi 		:	ENGLISH
Penyampai	: 	PM 
		    


        I  am  pleased to be in Washington, and to be  here
   with  you tonight.  I am thankful to President Bush  for
   extending  to me an invitation to meet with him  at  the
   White  House.   We  had a very good discussion  on  many
   issues  of  importance both to Malaysia and  the  United
   States.   This was our second meeting.  We  also  had  a
   good  discussion last October, in Shanghai, at the  APEC
   Senior Leaders' Conference.
   
   2.     I   am   pleased  tonight  to  address   such   a
   distinguished  gathering  of  movers  and  shakers:   US
   Government  officials,  Members of  Congress,  corporate
   executives,  prominent  academics  and  think   tankers,
   representatives     of    important     non-governmental
   organisations, and the media.
   
   3.    I  want  to thank the US - ASEAN Business  Council
   for  organising this dinner.  I especially want to thank
   my  good  friend,  Ernie Bower,  the  President  of  the
   Council.   As  President, Ernie has spent  most  of  his
   time  in  the region, including Malaysia, bringing  with
   him   delegations  of  US  businessmen  and  women,  and
   working  to promote trade and investment.  He has  spent
   so  much time with us, and done such an outstanding job.
   Thank you Ernie.
   
   4.    The United States and Malaysia have many things in
   common, much more than most people realise.  We share  a
   common history, language, many of our values, goals  and
   even  challenges.   It is appropriate,  therefore,  that
   our  two  flags  should  be so  much  alike  that,  many
   mistake one for the other.
   
   5.    To begin with, we both achieved independence  from
   the  same  colonial power, from whom  we  inherited  the
   same  language,  common law system,  and  principles  of
   representative  government.  What you may  not  know  is
   that  America's success in freeing itself  from  British
   rule  led  directly to the colonisation of what  is  now
   Malaysia, by the very same colonialists.  In 1786,  only
   five  years  after the Continental Army led  by  General
   George Washington defeated the British at Yorktown,  the
   same  British  commander who surrendered to  Washington,
   Lord  Cornwallis  acquired what  is  now  the  state  of
   Penang,  as  a British colony.  Thus began  the  British
   colonisation of the Malay states.
   
   6.    The  American Revolution had an even more profound
   impact  on  Malaysia, however.  The Founding Fathers  of
   this country -- Jefferson, Madison, Franklin, Adams  and
   others - gave Malaysia its model of governance --  based
   on  regular, democratic elections, separation of powers,
   and the protection of fundamental civil liberties.
   
   7.    America's welcome mat for the oppressed people  of
   other   countries  has  made  it  a   melting   pot   of
   multiethnicity  and  multiculturalism  upon  which   you
   built   a   prosperous,  powerful  and   forward-looking
   nation.   Malaysia  too  attracted  immigrants  to   our
   shores.   And today our people is made up of  indigenous
   Malays,  descendants  of  Chinese,  Indians  and   other
   migrants  living  together in peace  and  a  climate  of
   tolerance  and  mutual  respect.   Our  diversity,  like
   yours, is the basis of our strength.
   
   8.    With all of this in common, it is natural that  we
   should  see eye to eye on many things affecting  us  and
   the  world.  Besides some 150,000 Malaysians  lived  and
   studied here and are now helping to shape the mores  and
   policies of the country.
   
   9.    Since  Malaysia's industrialisation the  U.S.  has
   become  Malaysia's  largest trading partner  and  export
   destination.  In year 2001 the U.S. accounted  for  18.3
   percent  of  Malaysia's global trade,  20.2  percent  of
   exports  and  16 percent of imports.  Total  trade  with
   the  U.S.  last year amounted to US$ 29.6  billion  with
   exports valued at US$ 17.8 billion and imports US$  11.8
   billion,  most  of  which  is made  up  of  manufactured
   goods.
   
   10.   While 75.3 percent of Malaysia's total exports  to
   the  U.S.  is  made  up  of  electrical  and  electronic
   products, we also export textiles and apparels,  optical
   and scientific products and rubber products to the U.S.
   
   11.   U.S.  investments in Malaysia  have  been  growing
   consistently and the U.S. remains the largest source  of
   FDI, both cumulatively and on an annual basis, over  the
   last few years. Cumulative U.S. investments amounted  to
   US$10.5   billion  in  2001,  mainly  in  manufacturing,
   petroleum-related  and  service-based  industries.  U.S.
   investments   are   particularly  significant   in   the
   electrical  and electronics industry. More  than  30  of
   the  Fortune 500 companies have operations in  Malaysia.
   Among  them  are  Intel, Motorola,  Dell,  Agilent,  Dow
   Chemicals,  Exxon Mobil, Hewlett Packard, Solectron  and
   Goodyear.   U.S. companies are comfortable in  Malaysia,
   where  the  business climate is safe,  secure  and  very
   positive  and profit - especially for U.S.  companies  -
   have  been  exceptionally high.  We do not begrudge  you
   this.  To us profit is not a sin and you are welcome  to
   it.
   
   12.   Malaysia  has continued to attract  a  significant
   amount  of FDI despite the intense competition  for  FDI
   worldwide.   Foreign  investments in  the  manufacturing
   sector  over the five year period of 1997-2001  amounted
   to  US$  19.7 billion and accounted for over 58  percent
   of  total  approved investments.   The major sources  of
   FDI  were  from  the  US, Japan, the EU,  Singapore  and
   Taiwan.
   
   13.   As  I said earlier, the United States and Malaysia
   have   also   faced,  and  continue  to   face,   common
   challenges.   During  the post-World  War  II  era,  the
   United   States   confronted   the   challenge   of   an
   expansionistic   Communism.     For   over   42   years,
   Malaysia  fought  against militant  communism  which  we
   eventually  defeated,  at  a great  cost  in  blood  and
   resources.
   
   14.   Today, militant Communism is no longer  a  threat.
   But,   we   now   face  another  common  threat,   which
   constitutes   a   greater   challenge   --    terrorism.
   Terrorism  is  a crime, a crime against  humanity  as  a
   whole.   It is a crime against the whole world no matter
   who  or  what  or  which country has been  or  is  being
   targeted.  The attack on September 11 affects the  whole
   world  and  damages not just buildings in  a  particular
   country  and  the people in them.  It has shattered  the
   confidence  of  the world and has left an atmosphere  of
   fear.
   
   15.    Let  me  be  perfectly  clear  about  one  thing.
   Malaysia  has  no  tolerance  for  terrorists.   Whether
   people  are  fighting  for what they  consider  a  noble
   cause or not, there are certain acts which they may  not
   perpetrate.   Exploding  bombs  in  public  places   and
   killing  innocent civilians cannot be accepted.  Holding
   people  to  ransom  or  as shields cannot  be  accepted.
   Poisoning  food,  medicine or  water  supply  cannot  be
   accepted.   Deliberate killing of  civilians  even  when
   sanctioned   by   legitimate  Governments   is   equally
   unacceptable.   These  are acts  of  terror  and  anyone
   committing these acts must be regarded as terrorists  by
   everyone  irrespective of the causes they  are  fighting
   for,  irrespective  of their religion,  race  or  creed.
   And  once they are defined as terrorists it is the  duty
   of  everyone, every country to hunt them down and  bring
   them  to  justice.   There must be no discrimination  on
   any basis.
   
   16.   The  attack on the World Trade Center on September
   11,  the  human  bomb  attacks by Palestinians  and  the
   Tamil  Tigers, the attacks against civilians by  Israeli
   forces,  in Jenin and elsewhere, the killings of Bosnian
   Muslims  and  others  are  acts  of  terrorism  and  the
   perpetrators must therefore be condemned as  terrorists.
   Where  states  are  behind the acts of terrorism,  their
   governments  must  stand  condemned.   But  no  race  or
   religion  should  be condemned or discriminated  against
   simply  because  people of the same race  or  their  co-
   religionists    have   been   involved   in    terrorist
   activities.
   
   17.   In  Malaysia, we have been very successful in  our
   own  fight  against terrorism.  The Communist insurgents
   whom  we  defeated practised widespread  terrorism.   We
   defeated   them,  and  eradicated  terrorism  from   our
   country  not  only  by  military  means,  but  also   by
   addressing  the  root  causes  of  the  terrorism   that
   plagued  Malaysia.   Terrorism can never  be  justified,
   under  any circumstances.  However, if we are to prevent
   it,  we  must not only hunt down all the terrorists  but
   also  remove the root causes that make some people angry
   and  bitter enough to commit or support acts of  terror.
   By  addressing the grievances of our Chinese  community,
   from  which most of the terrorists sprang, we were  able
   to put an end to terrorism in Malaysia.
   
   18.   Recently,  Malaysia has had to deal  with  another
   source  of terrorism; extremist Muslim groups who  claim
   that  our government is not Islamic  and want to replace
   it   with   a  Taliban-style  state  spanning  Malaysia,
   Indonesia  and  the  southern  Philippines.   They   are
   opposed  by  the  overwhelming majority  of  Malaysians,
   including  Muslim Malaysians, who want to  preserve  our
   democratic,  multi-religious,  multi-ethnic  and  multi-
   cultural society and the spirit of religious and  ethnic
   tolerance  that  underlies  it.   Malaysians   want   to
   preserve  our  commitment to modernisation, development,
   and  openness  to the outside world, which  have  played
   such  an  important  role in our unprecedented  economic
   growth and prosperity over the past two decades.
   
   19.   We  studied the causes for extremism among Muslims
   and  their  resort to terror but found  that  they  were
   mislead by the situation in other Islamic countries  and
   their   wrong  perceptions  of  Islam.   We  have  taken
   measures  to ensure the spread of the true teachings  of
   Islam  as espoused by the majority of Malaysian Muslims.
   Fundamental  Islam proscribes suicides and  the  killing
   of  innocent  people and Muslims should  not  resort  to
   indiscriminate violence, but should seek peace  instead.
   As  to  the  situations  in other Muslim  countries,  in
   Palestine for example we will try to alleviate them,  to
   help  overcome their problems.  Accordingly we have been
   able   to  act  against  the  would  be  terrorists   in
   accordance  with our laws with the full support  of  our
   people.
   
   20.   We  are firm when dealing with terrorists  whether
   they  be  Chinese, Indians or Malays,  Muslims  or  non-
   Muslims.  If anyone plots terror in Malaysia he will  be
   arrested under the laws of the country. As one  of  your
   newsmagazines recently wrote, Kuala Lumpur is  a  modern
   and   attractive  city,  an  outstanding  place  to   do
   business, but also to rest and relax.  But this  is  not
   so  for  terrorists.  We do not tolerate their presence.
   We  give them no rest, no quarter, and no place to hide.
   We  have  adequate laws and capacity to deal  with  such
   threats.   And  we  have  had much  experience  in  this
   field.
   
   21.    Malaysia   is  willing  to  support  neighbouring
   countries  within  ASEAN,  the international  community,
   and  the  United States in the fight against  terrorism.
   Long  before  September  11 we have  shared  information
   with  the  United  States  and acted  against  suspected
   terrorists.
   
   22.   We are still doing so with regard to suspected Al-
   Qaeda  members.   If they are Malaysians  then  we  take
   action  against them ourselves and this includes putting
   them back on the right path.
   
   23.   President Bush has acknowledged Malaysia's support
   in  the  fight  against terrorism.  He  expressed  these
   sentiments  in  both  of our face-to-face  meetings,  in
   Shanghai  last  October and again  today  at  the  White
   House.   We  see eye to eye on this important  issue  of
   terrorism  and  that  the United  States  can  count  on
   Malaysia's  continued  support  in  the  fight   against
   terrorism.
   
   24.   Thus  far,  I  have talked about what  the  United
   States  and Malaysia have in common.  There is certainly
   a   lot.    But  we  also  have  important  differences.
   Malaysia  is,  as  you  know, a majority  Muslim  state.
   Unfortunately, many people in the West unthinkingly  and
   disparagingly identify Muslims with terrorism.  This  is
   not    only    wrong,   it   is   counter    productive.
   Discriminating  against people  who  are  ethnically  or
   religiously  similar to the terrorists only angers  more
   people  and perhaps contributes to the breeding  of  new
   terrorists.
   
   25.    Muslims   do   have  serious   grievances.    The
   Palestinians  in the occupied territories are  subjected
   to  oppression  and humiliation.  Israeli troops  attack
   and  kill  Palestinian civilians,  including  women  and
   children,  who have nothing to do with suicide  bombers;
   they   bulldoze   their   homes   and   demolish   their
   businesses;   they   destroy   airports,    water    and
   electricity  supply.  In Bosnia-Herzegovina,  more  than
   100,000   Muslims  were  massacred  in  full  sight   of
   television  viewers  and for a  long  time  nothing  was
   done.   Elsewhere  Muslim  countries  are  subjected  to
   attacks and economic sanctions resulting in many  deaths
   from  deprivations of all kinds.  Because of  all  these
   there  is  a  great deal of bitterness and  anger  among
   Muslims.
   
   26.   We  would like to see Muslims and their  countries
   express their anger and frustrations in a rational  way.
   They   should   defend  themselves   with   conventional
   methods.   By and large they do or try to do.  But  when
   these are futile, invariably there will be elements  who
   cannot   contain   their  anger  and   who   resort   to
   unacceptable  ways  not so much  to  prevent  their  own
   humiliation  and  oppression but merely  to  vent  their
   anger  and  frustrations.  While we  must  never  excuse
   them   for  their  counter  productive  acts,  we   must
   nevertherless try to defuse their anger and  the  causes
   for  it.   I  am  afraid the world is  not  doing  this.
   Indeed  with  the events in Palestine, with  Jenin,  the
   anger  has  become worse.  The fight against  terrorists
   who  are  Muslims will therefore take longer.   Fighting
   against  terrorists  is  not  like  fighting  against  a
   country.  You can defeat a country and end the war  with
   a  military victory.  But terrorists do not operate from
   within  a country.  They can be anywhere.  They  can  be
   anybody.   They can act in concert or alone.   They  can
   destroy  buildings or kidnap, snipe or kill individuals,
   individuals   who  may  be  completely  innocent.    The
   technique of fighting terrorists cannot be the  same  as
   fighting  a country.  It has to be different.  Our  view
   is  that  we  must remove the causes of their bitterness
   and anger also.
   
   27.   Islam,  in  its true essence,  is  a  religion  of
   peace, tolerance, and respect for human life in all  its
   variations.   When  it is properly understood,  and  its
   true  precepts  are  followed,  it  offers  a  path   to
   enlightenment,  to  harmony, to stable  and  responsible
   government, to progress and to prosperity.  Malaysia  is
   an  Islamic  state.   At  the  same  time,  and  without
   contradiction,  it  is  democratic,  diverse,  tolerant,
   peaceful,    economically   and   politically    stable,
   progressive  and forward-looking.  There is no  inherent
   conflict  between  Islam and any of these  achievements.
   In  fact,  we  believe that the way  we  adhere  to  the
   essential  or  fundamental  teachings  and  practice  of
   Islam  in Malaysia has contributed to our success  as  a
   nation.   We  see  no  contradiction between  Islam  and
   women's equality, for example.
   
   28.   Our  economic and business climate is outstanding.
   You  all know about the success of Malaysia Inc.,  so  I
   don't  need  to tell you about it.  But I want  to  tell
   you  about  some things you may not know.   We  have  no
   intention  of resting on our laurels.  We are  proud  of
   what  we  have accomplished, but we intend  to  do  much
   more.   Our external reserves may have reached US$  32.5
   billion,  which  is  5.3 times the  short-term  external
   debt  and  enough to finance more than  five  months  of
   retained  imports, but we will try to  do  even  better.
   We  may  have a strong fiscal position, with outstanding
   debt  contained at 37 percent of GDP and a debt  service
   to  GDP  ratio  of 2.8 percent, but we will  do  better.
   Inflation  remains low at 3 percent, while  our  savings
   rate  is nearly 40 percent, but we will still strive  to
   do better.
   
   29.   How,  you might ask?  By aggressively  modernising
   our  banking, financial and corporate sectors.   We  are
   implementing  new  financial reforms  to  bring  greater
   transparency and accountability to our banks  and  other
   financial  institutions.  We  are,  at  the  same  time,
   reforming  our corporate and securities laws to  improve
   corporate  governance, and assure  transparency  in  our
   capital  markets.  Our government is fully committed  to
   privatisation,  restructuring  and  reforms.    We   are
   committed to modernisation and continued growth.
   
   30.   Your  investments are safe and  secure,  and  they
   will  continue to give good returns.  We hope  you  will
   continue  to demonstrate your confidence in us with  new
   and even larger investments.
   
   31.   We  also hope, and we urge you as well, to  invest
   in   the   other  countries  of  ASEAN.   Nothing   will
   contribute more to the stability of our neighbours,  and
   the  region  as a whole, than their economic growth  and
   development.   And  one of the best  ways  to  stimulate
   growth   and   development  is   with   direct   foreign
   investment.   Malaysia  long ago  adopted  a  philosophy
   which  we call "prosper thy neighbour".   We believe  in
   enlightened  self-interests.  We believe  very  strongly
   that what benefits our neighbours also benefits us.
   
   32.   ASEAN  is a good investment location.  And  it  is
   getting  better  all the time.  Take, for  example,  the
   creation of the ASEAN Free Trade Area, or AFTA.     This
   will  result  in  the  creation of a  community  of  500
   million  people,  which is almost  10%  of  the  world's
   population.  They are relatively poor now but AFTA  will
   increase their GDP and purchasing power.
   
   33.   We  see Malaysia, and we invite you to see  it  as
   well,   as  a  regional  hub  for  this  extremely   and
   increasingly important economic region of the world.
   
   34.   We  all  strive  to  live  out  our  dreams.   The
   American  dream  has been the lode star for  generations
   of  people in this country.  In Malaysia, we too have  a
   dream  for  a better life.  We call it Vision 2020,  and
   it  inspires  us  to  work harder,  to  constantly  make
   things  better,  to  fully develop Malaysia's  potential
   over  the  next  two decades.  Our goals for  peace  and
   security,   for  tolerance  and  mutual   respect,   for
   economic  and  political stability, for  ending  poverty
   through  growth  and development, are  in  essence  very
   similar  to  yours.   It behoves us  --  Malaysians  and
   Americans  -- to work together to accomplish our  shared
   goals for our common good.

   Sumber : Pejabat Perdana Menteri
    




    
    

             
 


 
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