Indonesia, Malaysia and Singapore reaffirm commitment to keep Malacca and Singapore straits safe and open
Transport Minister Jeffrey Siow said at the 17th Cooperation Forum that recent events had shown that open sea lanes cannot be taken for granted, and that safe and open waterways depend on international law and cooperation among countries.
Indonesia, Malaysia and Singapore have reaffirmed their dedication to safeguarding the safety and openness of the Malacca and Singapore straits for global maritime traffic. During the 17th Cooperation Forum in Singapore, the nations emphasized that maintaining freedom of navigation is crucial for international shipping, as outlined by the United Nations Convention on the Law of the Sea (UNCLOS).
They stressed the importance of respecting the rights of vessels and the maritime industry, as well as the involvement of other stakeholders in ensuring navigational safety and environmental protection. The Straits of Malacca and Singapore are vital trade routes, handling nearly a quarter of global seaborne trade and a third of oil and gas supplies.
Discussions at the forum will cover the integration of new technologies and alternative fuels, as well as ongoing technical projects to boost navigational safety. The three countries also reaffirmed their commitment to the 2007 cooperation framework, which facilitates collaboration with other nations using the straits and stakeholders on navigational safety and environmental protection.
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