Kuala Lumpur, Feb. 5 -- Malaysia continues to uphold its open economic policy based on international trade while taking strategic steps to balance national interests in the face of policy changes under the new US administration.

Malaysian Foreign Minister Mohamad Hasan made the remark during a parliamentary session on February 4.

The official said Malaysia will capitalise on opportunities for further strengthening bilateral relations and cooperation with the US.

He noted that the US administration's American First foreign policy has the potential to change the country's approach to foreign relations and thus directly impacts Malaysia. As a nation whose economy relies heavily on trade, Malaysia will certainly feel the effects either dir...