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In 2014, President Obama announced additional exchange programs, grant opportunities and fellowships for youth ages 18–35 under the Young Southeast Asian Young Leaders Initiative (YSEALI).
Since 2001, the Ambassadors Fund for Cultural Preservation (AFCP) has supported 10 projects to support the preservation of cultural heritage in Malaysia.
Prime Minister Najib Razak and President Barack Obama met just before the Nuclear Security Summit in Washington on 12 April 2010.
This meeting was thought by many to represent a significant improvement in Malaysia-United States relations. During their talk, Obama sought further assistance from Malaysia in stemming nuclear proliferation which Obama described as the greatest threat to world security.
In June 2009 Najib and Obama discussed via telephone the global financial crisis, nuclear non-proliferation issues and two Malaysians detained at Guantanamo Bay detention camp.
During the summit Najib stressed that Malaysia only supported nuclear programmes designed for peaceful purposes.
While figures capturing the full range of foreign investment (including oil and gas) are not available, American companies are particularly active in the energy, electronics, and manufacturing sectors and employ nearly 200,000 Malaysian workers.
In the 1970s, American companies, including Agilent AMD, Fairchild Semiconductor, Freescale Semiconductor, Intel, Texas Instruments and Western Digital pioneered the Malaysian electrical and electronics (E&E) sector, which exports billions of dollars of equipment to global supply chains every year.
Major US oil and gas companies, including Exxon Mobil, Conoco Phillips, Hess and Murphy Oil, have invested billions of dollars to develop Malaysia’s energy resources.
The US is Malaysia's fourth largest trading partner and Malaysia is the 22nd largest trading partner of the US Annual two-way trade in goods and services in 2013 amounted to approximately billion.
Significant Malaysian companies operating in the US include Genting's Resort World Casino and MOL Global, a New York Stock Exchange listed company.