As today, Malaysia will be the Chair of this 33rd AMEM for one year term, I am very pleased to hand over the Chairmanship to Malaysia. It is my strong belief that under the leadership of our new Chairman, our cooperation will continue to be forever strengthened and I further wish to reiterate our firm commitment to supporting and enhancing regional and international cooperation particularly in the energy sector and exploiting efficiently the existing potentials for the overall development of the regions.