KUALA LUMPUR: Malaysia is more than ready to share its experience with India on the implementation of the Goods and Services Tax (GST) and anti-terrorism measures, said Prime Minister Datuk Seri Najib Razak today.
He said information on GST was shared with a high-level delegation from India that visited Malaysia recently.
"In connection with the Indian government's plans to roll out GST in 2017, we are happy to share our experience of GST introduction with them", he said in his address as the chief guest at The Economic Times' Asian Business Leaders Conclave here today.
Despite facing different challenges in terms of GST, Najib said both countries shared a mutual resolve to provide a transparent and predictable tax regime, as well as protection of intellectual property rights.
"We have both gained from sharing our observations and expertise in these areas," he said.
On terrorism threat, Najib said Malaysia is also willing to share its Integrated Deradicalisation Module for Terrorist with other countries, including India.
"I myself have long experience of working with the Indian government, both in my past capacity as defence minister and as prime minister, to bolster our fight against the common threats we face," he said.
He said tactical measures on the security front are important in maintaining and building trust and confidence, turning the strategic partnership into reality to protect the people in both nations.
Earlier, Indian Prime Minister Narendra Modi had also delivered his address via teleconference, sharing his effort to transform India into a digital economy and turning the country into a favourite investment destination.
He also told the participants that India would implement the GST next year.
Both leaders had also shared their experiences in transforming their countries through a teleconferencing, which was the first ever held between them.