Malaysia's strategies to address prolonged geopolitical conflicts include implementing the New Industrial Master Plan 2030 (NIMP) and applying to join BRICS. The government is focusing on "nearshoring" supply sources within ASEAN to ensure supply chain stability and reduce reliance on imports. Despite geopolitical tensions, Malaysia's economy showed resilience with 5.2% growth in July 2024. MITI will strengthen trade diplomacy and focus on key sectors like semiconductors.