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The Future of Asia 2018

Malaysia weighs new national carmaker with global reach

Mahathir also says reopening North Korean embassy is a possibility

Prime Minister Mahathir Mohamad speaks about his vision for Malaysia's auto industry to the Nikkei Asian Review in Tokyo on June 11. (Photo by Keiichiro Sato)

TOKYO -- Prime Minister Mahathir Mohamad proposed on Monday establishing a new national car company to raise the level of Malaysian-made autos and export them to international markets.

The Malaysian leader also said the world should welcome North Korea's newfound openness to dialogue, and he said his government would consider reopening its embassy in Pyongyang.

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