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> TPP deal gives Malaysian exporters, competitive advantage, says Mustapa

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TScranx
post Oct 6 2015, 12:00 AM, updated 9y ago

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KUALA LUMPUR: Malaysia welcomed a deal sealed on Monday (Oct 5) on a sweeping trade pact that would cut trade barriers and create the world’s largest free trade area.

Malaysian Minister of International Trade and Industry Mustapa Mohamed said in a statement that the 12-nation Trans-Pacific Partnership (TPP) would "promote trade and investment and help Malaysia mitigate the challenges of the global economic environment".

He said the TPP would provide Malaysian companies with “greater market-access opportunities” in markets in the Americas such as the United States, Canada, Mexico and Peru, with which Malaysia does not have any free-trade agreements (FTAs).


The TPP would also give Malaysian exporters a “competitive advantage over regional competitors" in exporting major Malaysian exports, therefore generating of revenue and employment for "tens of thousands of Malaysians", he added.

He added that Malaysia won "several concessions" at the TPP negotiations. "Parties agreed to take into consideration almost all of our concerns and sensitivities particularly in the areas of government procurement, state-owned enterprises and the bumiputera issues. Elements of flexibilities accorded to Malaysia include longer transition periods and differential treatment for Malaysia’s sensitive areas," he said.

On the issue of intellectual property rights, Malaysia had stood firm that the TPP should not hinder the public’s accessibility to affordable drugs and healthcare, while at the same time ensuring the necessary incentives for pharmaceutical innovators to produce new drugs and medicines, Mustapa stated.

He gave assurance that Malaysia’s decision to sign onto the TPP would be a “collective decision”, adding that the official text of the agreement, once prepared, will be in the public domain and presented to parliament for debate. He added that the government would also have full consultations with the public and other interested parties.

http://www.channelnewsasia.com/news/busine...ll/2171844.html

This post has been edited by cranx: Oct 6 2015, 12:01 AM
idunnolol
post Oct 6 2015, 12:01 AM

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Show the text first
Avangelice
post Oct 6 2015, 12:07 AM

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Lol I don't care. I just want it passed so the tongkat dies!!!
Muhammad Syukri
post Oct 6 2015, 12:07 AM

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The Phantom Pain
TScranx
post Oct 6 2015, 12:09 AM

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QUOTE(Avangelice @ Oct 6 2015, 12:07 AM)
Lol I don't care. I just want it passed so the tongkat dies!!!
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Get ready for many more Maruah rally if Tongkat dicabar.
stupiak07
post Oct 6 2015, 12:09 AM

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QUOTE(Avangelice @ Oct 6 2015, 12:07 AM)
Lol I don't care. I just want it passed so the tongkat dies!!!
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tongkat wont dies and wont break even with TPP


jamilselamat
post Oct 6 2015, 12:10 AM

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You already 'sealed the deal'!

You should've debated the whole text in Parliament, you know, before signing it?! You motherfuckers think we're stupid?!
danieln
post Oct 6 2015, 12:14 AM

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So what is the written and hidden deal?
zheng88
post Oct 6 2015, 12:14 AM

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Rise and dominance of American MNCs in our society in every possible way
Zi-Tech
post Oct 6 2015, 12:15 AM

Eh, pangkat sudah tukar ka
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why not show all the detail about tppa to the rakyat??? if kept secret, then something fishy here...

scared after sealed, all menteri terlibat berhenti jadi mp then buka firma la, consultant la, manufacturer la sebab da tahu pasal tppa dulu dan take advantages... US mp biasa buat setiap kali satu act atau bills diluluskan kat tempat diorang macam program healthcare, farmaseutikal, agro/pertanian dan lain2....
yeelong
post Oct 6 2015, 01:40 AM

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ps3 fanboy, are we not want to sign a few day ago u said?
Songlap
post Oct 6 2015, 01:45 AM

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tongkat will be stronger like after drinking tongkat ali
SUSGion
post Oct 6 2015, 01:47 AM

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next year protong can close down. oh ya baby. salute to hero najib
rara_ana
post Oct 6 2015, 01:48 AM

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politician all liars, last time i remember he did said Malaysia wont sign TPPA!!!
rara_ana
post Oct 6 2015, 01:49 AM

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Can i export myself to US or not?
mowlous
post Oct 6 2015, 01:52 AM

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Many who used to tonkat is gonna suffer sooo bad ........
rawrkun
post Oct 6 2015, 01:57 AM

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Better to take everything that comes from our ministers with a pinch of salt. They're already well known with their idiocy..
FlamingFox
post Oct 6 2015, 04:12 AM

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Y not all use USD?
Ripp87
post Oct 6 2015, 04:45 AM

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QUOTE(mowlous @ Oct 6 2015, 01:52 AM)
Many who used to tonkat is gonna suffer sooo bad ........
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good for them
jonoave
post Oct 6 2015, 04:48 AM

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Kata nak free trade to encourage competition, but locally still got so much protection and anger towards a minority race and still demanding for more.

This post has been edited by jonoave: Oct 6 2015, 04:48 AM

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