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Malaysia

Malaysia is a relatively open state-oriented and newly industrialised market economy. Malaysia has had one of the best economic records in Asia, with GDP growing an average 6.5 per cent annually from 1957 to 2005.

International trade, facilitated by the adjacent Strait of Malacca shipping route, and manufacturing are key sectors of the country’s economy. Malaysia is an exporter of natural and agricultural resources, the most valuable exported resource being petroleum.

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