Kuala Lumpur: Malaysia and Saudi Arabia have signed an agreement to tackle terror threats by sharing security and intelligence inputs.

The agreement, signed by Malaysian Home Minister Hishammuddin Hussein and Saudi Deputy Interior Minister Prince Ahmad Bin Abdulaziz, would allow both the countries to cooperate on tackling crimes like terror funding and organised crime.

Hishammuddin said the agreement was a serious commitment to forge closer links in dealing with security-related issues such as terrorism, drug trafficking, money laundering, cyber crime, arms trafficking, treason and economic crimes.

He said, the pact would also pave the way for official collaboration in prisoner exchange and extradition.

The Malaysian Minister said due to Saudi Arabia's strategic location and being a country that commanded international attention, the kingdom could share its experience in handling threats of violence with Malaysia.