We want to help US economy, Najib tells Trump

2017-09-13 85

The following are remarks made by Prime Minister Najib Razak at the White House Cabinet Room.

Prime Minister Najib Abdul Razak: Thank you very much, Mr President, for your invitation for me and members of my delegation to meet with you at the White House. I want to say that we come here with a strong value proposition to put on the table.

Number one, we want to help you in terms of strengthening the US economy. I come with three specific proposals. Number one, we intend to increase the number of Boeing planes to be purchased by MAS. We are committed to 25 planes of the 737 MAX 10, plus eight 787 Dreamliners. And there is a strong probability – not possibility – probability that we will add 25 more 737 MAX 10 in the near future. So within five years, the deal will be worth beyond $10 billion. That’s one. We will also try to persuade AirAsia to purchase GE engines.

Trump: Great.

Najib: Secondly, we have Employees Provident Fund, which is a major pension fund in Malaysia. They’ve got quite a big sum of capital to be exported. They have invested close to $7 billion, in terms of equity, in the United States. And they intend to invest three to four additional billion dollars to support your infrastructure redevelopment in the United States.

Trump: Great.