Today, India and Malaysia committed to deepening their maritime cooperation.
The statement recognised the need to finalise the Regional Comprehensive Economic Cooperation Partnership Agreement at an early date.
This clarification comes after reports suggested that the Minister of Tourism and Culture of Malaysia, Datuk Seri Mohamed Nazri Abdul Aziz, proposed Rajini's name as the state's tourism ambassador.
Prime Minister Narendra Modi received Razak at the Rashtrapati Bhavan on Saturday, following which he was accorded a ceremonial guard of honour.
The is the Malaysian Prime Minister's third official visit to India.
The President said commercial and investment relations have become the mainstay of India-Malaysia relations.
The prime minister is also expected to attend a business luncheon and the 7th Global Science and Innovation Advisory Council Meeting (GSIAC) in the Indian capital on Monday, before officiating the High Commission of Malaysia's New Complex on Tuesday.
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Both sides also agreed to enhance the regular dialogue between the Defence Ministers, senior officials, and service chiefs, as well as regular meetings of the Joint Commission headed by the Foreign Ministers.
"There will be enormous opportunities for investors, and we invite you to take advantage of this new growth area in Malaysia", Najib said.
Razak is accompanied by his spouse Datin Sri Rosmah Mansour and a large business delegation consisting of numerous top companies and businessmen of Malaysia. Malaysia would like to achieve target of U.S. $15 billion bilateral trade by 2020.
Najib said as a strong resilient nation, with growth of 4.2 per cent a year ago, Malaysia remains an attractive destination for foreign direct investments (FDI).
Terming their bilateral relationship at a "historic high", Razak said that there was still potential that could be fulfilled.
A memorandum of understanding was inked between the Association of Indian Universities, New Delhi, and the Malaysian Qualifications Agency on mutual recognition of educational qualifications.