CURRENT AFFAIRS

Detailed explanation-1: -The following institutional mechanisms have been established between India and Malaysia: Joint Commission Meeting (JCM): Foreign Ministers of both countries head a Joint Commission. It held its fifth meeting in Kuala Lumpur on 3 May 2011.

Detailed explanation-2: -The Malaysia-India Comprehensive Economic Cooperation Agreement (MICECA) was signed on 18 February 2011 and came into force on 1 July 2011. MICECA is a comprehensive agreement that covers trade in goods, trade in services, investments and movement of natural persons.

Detailed explanation-3: -There is a trade and cultural pact between the two countries, under which the import and export of various goods is done on fairly large scale. The President and the Prime Minister of Pakistan along with other high officials visited Malaysia many times and Malaysian officials also paid a good will visit to Pakistan.

Detailed explanation-4: -British acquisition of Penang, Melaka, and Singapore - the Straits Settlements from 1786 to 1824 started a steady inflow of Indian labour. This consisted of traders, policemen, plantation labourers and colonial soldiers (see sepoys).