Malaysia and Australia are deeply connected and share a longstanding friendship supported by our Comprehensive Strategic Partnership.
We have a common interest in ensuring our region’s prosperity, security, stability and economic future. Our close relationship is grounded in strategic trust, and a mutual commitment to open markets and rules-based trade.
Australia and Malaysia share deep concern over the conflict in the Middle East, its escalation and the consequences for our region, including the impact on energy supply chains, prices and flows of essential energy supplies such as the oil and natural gas value chains.
We recognise the complementarity of our trade and economic partnership and the role our countries play in each other’s energy security. Both countries serve as energy suppliers to one another, underpinning a mutually important energy security relationship.
In this context, we affirm our shared commitment to open, rules-based trade in energy products. We commit to promote open and stable trade flows between our two countries, including for essential energy supplies. We will exchange views on energy trade-related matters on a ‘no surprises’ basis, and deepen practical cooperation on energy security for both countries to achieve shared goals.
We are also committed to working together to strengthen energy supply chain resilience, including by deepening regional cooperation, supporting energy transition and promoting the uptake of renewable energy resources.
Open and resilient global energy supplies remain deeply important to the security and prosperity of our peoples, and we will continue to consult on developments that may affect energy supply and markets.