News & Events

[ 12-07-2013 ]
Malaysia stresses commitment in Trans Pacific Partnership agreement

The Ministry of International Trade and Industry (MITI) today reiterated its commitment in safeguarding Malaysia’s economic and trading interests vigorously across all international engagements, including the Trans-Pacific Partnership Agreement (TPPA).

The ministry issued a statement in response to inaccurate information being circulated by irresponsible quarters regarding the TPPA, specifically, allegations regarding a study by the United Nations Development Programme (UNDP), which in turn, is said to contain recommendations for Malaysia not to sign onto the TPPA.

"MITI would like to categorically state that none of these allegations are true. MITI would also stress that these allegations grossly misrepresent the Malaysian government’s position with regard to our trade agenda.

"The study by UNDP lists key advantages and challenges for Malaysia vis-à-vis the TPPA," the ministry added.

MITI said, among other things, the study also contained key recommendations regarding Malaysia’s negotiating positions across all areas being negotiated in the TPPA, hence the reason why the ministry was not able to release this document yet. - Bernama, July 4, 2013.