September 19, 2011 17:02 PM
KUALA LUMPUR, Sept 19 (Bernama) -- Malaysia will sign an agreement on security cooperation with China and Vietnam to tackle transnational crime, said Home Minister Datuk Seri Hishammuddin Tun Hussein.
Among others, he said, the agreement involved the sharing of information on international syndicates indulging in human trafficking.
"The agreement is also crucial in studying the flow of manufactured goods in the context of trade which can sometimes be interpreted as goods that pose a nuclear threat, for example," he told reporters after launcing the third edition of the International Conference on Financial Crime and Terrorism Financing, here Monday.
Hishammuddin said the agreement with Vietnam involved, among others, human trafficking, workers' and students' visa besides security relations between the two countries.
In his speech earlier, the minister said he would travel to China and later Vietnam to ink the cooperation pacts in the next few months.
"Malaysia is serious about combating transnational crime and we shall pursue this agenda to ensure that Malaysia remains a highly secure, safe and prosperous nation for the benefit of its people and economy," he told the gathering.
Hishammuddin noted that Malaysia had signed an agreement on security cooperation with Saudi Arabia in April 2011 and a memorandum of understanding to prevent and combat transnational crime with the United Kingdom three months later.
"We should realise that transnational crime is now one of the major threats facing the world today. This is far bigger than the threat to the global system compared to double-dip recessions, political uprising in the Middle East or even earthquakes and tsunamis," he said.
He pointed out that transnational crime was far too complex for any one nation to combat effectively as it was a global problem which required global solutions with domestic enforcement.
The two-day conference is organised by a number of entities such as the Institute of Bankers Malaysia, Compliance Officers' Networking Group, Asian Institute of Finance and Malaysian Insurance Institute.
-- BERNAMA
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