Speaking ahead of the trip, Mr Albanese said he would use the summits to discuss economic growth, security, and stability.<\/p>\n
A proposed peace deal signing between Thailand and Cambodia took centre stage on Sunday, with Mr Trump overseeing the ceremony.<\/p>\n
In July, the worst violence in years at the Thailand-Cambodia border killed dozens of people and displaced hundreds of thousands.<\/p>\n
Many analysts say while the threats of Trump’s tariffs to both Thailand and Cambodia assisted in negotiations, Malaysia and ASEAN are chiefly responsible for brokering a ceasefire earlier this year.<\/p>\n
This peace deal, dubbed the Kuala Lumpur Accords, would see both nations remove landmines and heavy artillery from the border.<\/p>\n
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Thailand will release Cambodian prisoners and Cambodia will begin withdrawing heavy artillery as part of the first phase of the deal.<\/p>\n
Regional observers will monitor the situation to ensure fighting does not restart.<\/p>\n
“We did something that a lot of people said couldn’t be done,” said Mr Trump, who has previously taken credit for the ceasefire between the two nations.<\/p>\n
Cambodian Prime Minister Hun Manet called it a “historic day”, and Thai Prime Minister Anutin Charnvirakul said the agreement created “the building blocks for a lasting peace”.<\/p>\n
The ceremony was Mr Trump’s first event after arriving in Kuala Lumpur for the ASEAN summit.<\/p>\n
Timor-Leste becomes ASEAN member<\/p>\n
Earlier on Sunday, a short ceremony took place welcoming Timor-Leste, Asia’s youngest nation, to the ASEAN bloc, officially becoming its 11th member.<\/p>\n
Timor-Leste, among the poorest nations in Asia, has sought membership to ASEAN for decades, hoping the economic connections it provides can help boost its fledgling and largely resources-dependent economy in a bid to try to lift its people out of poverty.<\/p>\n
Applause rang out across the hall where the ceremony took place, as well as in the media room where journalists from Timor-Leste were gathered.<\/p>\n
<\/p>\n
Anwar Ibrahim, Chinese Premier Li Qiang, Jose Ramos-Horta and Xanana Gusmao at the signing ceremony of the declaration of Timor-Leste’s admission into ASEAN. (Reuters: Chalinee Thirasupa)<\/p>\n
It is an enormous symbolic victory for Timor-Leste, and for its two leaders here, President Jose Ramos-Horta and Prime Minister Xanana Gusmao, key figures in the nation’s independence movement.<\/p>\n
“For the people of Timor-Leste, this is not only a dream realised, but a powerful affirmation of our journey,” an emotional Mr Gusmao said in a speech.<\/p>\n
Mr Ramos-Horta told the ABC he was hoping for greater regional integration.<\/p>\n
“With a market of 700 million people and which Timor is a part of now, there’s more opportunity to attract investors to Timor-Leste,” he said.<\/p>\n
Deal-making expected on sidelines<\/p>\n
Crucially, it appears Mr Trump will likely not be talking trade with ASEAN, a region that Washington preferred to negotiate bilaterally with during tariff negotiations.<\/p>\n
Most countries in the region have walked away with rates of 19 or 20 per cent and are still attempting to negotiate exemptions.<\/p>\n
They threaten to cause significant economic disruption to South-East Asia’s export-oriented economies.<\/p>\n
Many on the sidelines of ASEAN have been discussing the “new global order”, a term generally used to describe the response of global powers to erratic US foreign and economic policy, boosting trade and political ties with each other.<\/p>\n
<\/p>\n
Donald Trump speaks to the media aboard Air Force One ahead of his arrival in Malaysia on Sunday. (Reuters: Evelyn Hockstein)<\/p>\n
As part of a five-day visit to Asia, Mr Trump will depart from Malaysia to visit Japan, for bilateral talks with Japanese PM Sanae Takaichi.<\/p>\n
On the sidelines of ASEAN, US and Chinese officials are holding trade talks in a desperate attempt to de-escalate trade tensions between the two nations.<\/p>\n
Mr Trump is talking about new tariffs on Chinese goods, as well as other measures, in retaliation for China’s expanded export controls on rare earth magnets and minerals.<\/p>\n
A spokesperson for the US Treasury said talks on Saturday had been “very constructive”.<\/p>\n
The talks will likely culminate in a meeting with Mr Trump and China’s President Xi Jinping on the sidelines of an APEC meeting in South Korea next week.<\/p>\n
Beijing is yet to confirm the meeting.<\/p>\n
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