Tokyo: Malaysian Prime Minister Anwar Ibrahim on Wednesday warned of great power rivalry and challenges to the international consensus. Anwar made the remarks during his address at the 31st edition of the Nikkei "Forum on the Future" of Asia in Tokyo.

According to Anadolu Agency, Anwar highlighted that the international system that has supported decades of growth and development is currently under significant strain. He attributed this to growing pressures on the multilateral trading system, driven by fragmentation, unilateral actions, and strategic competition. Anwar expressed concern about export restrictions and industrial policies increasingly being influenced by geopolitical rivalries, noting the "weaponizing of economic interdependence" as particularly troubling.

He advocated for a "reformed and renewed" multilateral system, urging international institutions to adapt to the evolving global landscape rather than clinging to outdated structures. Anwar pointed out ongoing global crises, such as the tragedy in Gaza, escalating tensions in the Middle East, and the prolonged war in Ukraine, as stark reminders of the fragility of peace and the limitations of international consensus.

The Prime Minister also addressed regional challenges, including disputes in the South China Sea and the situation with nuclear-armed North Korea. He emphasized the need for developing nations to have a say in shaping the rules and governance frameworks for emerging technologies like artificial intelligence.

Additionally, during the forum, Philippine Secretary for Foreign Affairs Ma. Theresa Lazaro emphasized the significance of collective action, adherence to international law, and regional cooperation to foster peace, resilience, and shared prosperity. The forum carried the theme "Working together for a more resilient and prosperous Asia."