00:00I thank President Cyril Ramaphosa for his leadership and for South Africa for inviting Malaysia and as ASEAN Chair to this summit.
00:13We meet in a country and continent that has endured the most dehumanizing aspect of apartheid and colonization.
00:25The expectation from countries in the South is for G20 to pursue an agenda that is just and fair,
00:35to be unequivocal on our resolve to end the atrocities and colonization in Gaza,
00:46end the civil strife in the Sudan and achieve an amicable resolution to the war in Ukraine.
00:57Malaysia has worked with our Asian neighbors in particular to manage political conflicts, tariff shocks, supply chain pressures and rapid technological change.
01:09We have found that when policies are aligned and rules are predictable, shocks pass through with less damage.
01:19The lesson is clear. Resilience comes from common preparedness, not isolation.
01:27This lesson matters because the next disruption will likely be harder to burden.
01:32Artificial intelligence will recognize labor markets at a pace our institutions will struggle to match.
01:41Without early investment in transitions, workers, especially the young and women, will face these shifts alone.
01:53Global resilience cannot be built on fiscal exhaustion.
01:58Many developing economies now spend more on servicing debt than on education and investment.
02:06Countries need the capacity to invest ahead of disruption, not after.
02:13Multilateral development banks must be ready to deploy more quickly and work closely with countries to support their investments and build resilience.
02:23We are ready to work with all partners to meet this common challenge and to help sustain an open, predictable global economy that gives our people a fair chance to thrive.
02:36Thank you again.
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