Media Statement : Virtual Asia Commonwealth Leaders Regional Roundtable Discussion


YAB Prime Minister Tan Sri Muhyiddin Yassin participated in the Virtual Asia Commonwealth Leaders Regional Roundtable Discussion hosted by His Royal Highness (HRH), Prince Charles, the Prince of Wales yesterday on 24 May 2021.

The Regional Roundtable was also attended by Presidents of Maldives and Sri Lanka as well as the Prime Ministers of Bangladesh and Singapore. The President of Rwanda in his capacity as the Chair-designate of CHOGM, the Prime Minister of the United Kingdom and the Secretary-General of the Commonwealth also participated in the Roundtable.

YAB Prime Minister, during the Roundtable, highlighted the priority that Malaysia had taken to strike the balance between protecting lives and livelihoods during the COVID19 pandemic. He also discussed efforts to incorporate Circular Economy in Malaysia’s development plan as a means to drive systemic shifts towards long-term resilience, and generate green business and jobs. YAB Prime Minister also highlighted Malaysia’s successful pricing of the world’s first sovereign US Dollar Sustainability Sukuk, whereby the proceeds of the Islamic bond will be used for social and green projects aligned to the 2030 Sustainable Development Agenda.

The Roundtable also discussed key issues that the Commonwealth could address, among others, approaches to green recovery; accelerate a sustainable transition to green economy; and opportunities for collective action ahead of the 26th United Nations Conference of Parties on Climate Change (COP26). The Roundtable also provided the opportunity for Leaders to share new and emergent initiatives and practices in their effort to revive and accelerate economic recovery from the devastation caused by the pandemic through circular economy; the transformation of carbon intensive industries; and sustainable green financing. HRH Prince of Wales also invited Leaders to encourage their private sector to consider signing on to the Sustainable Markets Initiatives, which he leads, that could help businesses and companies to transition to green businesses that are resource efficient and environmentally friendly.

25 MAY 2021

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