No back-ped­alling on TPPA

> Agree­ment ben­e­fi­cial to Malaysia: Mustapa

The Sun (Malaysia) - - NEWS WITHOUT BORDERS -

KUALA LUMPUR: Malaysia will not budge from its stance on the Trans-Pa­cific Part­ner­ship Agree­ment (TPPA), said In­ter­na­tional Trade and In­dus­try Min­is­ter Datuk Seri Mustapa Mo­hamed (pix).

He said the agree­ment would be ben­e­fi­cial to Malaysia as it will bring greater eco­nomic ad­van­tages.

“De­spite fears of a United States exit from the multi­na­tional deal, we be­lieve that although there might be pol­icy changes dur­ing Trump’s pres­i­dency, it would not be as rad­i­cal as many may think.”

“We ex­pect that the US pol­icy will con­tinue to re­main open and we be­lieve Malaysia-US ties will con­tinue to re­main strong,” he added.

He said the TPPA would be on the agenda at the Asi­aPa­cific Eco­nomic Co­op­er­a­tion sum­mit next week in Peru, which would also be at­tended by Malaysian of­fi­cials.

“Malaysia will not move from its stand as the agree­ment is ben­e­fi­cial to the coun­try,” he said dur­ing ques­tion time.

He was re­spond­ing to a sup­ple­men­tary ques­tion from Datuk Takiyud­din Has­san (PAS-Kota Baru) who wanted to know Malaysia’s stand on the TPPA fol­low­ing the out­come of the US pres­i­den­tial elec­tion.

Pres­i­dent-elect Don­ald Trump was highly crit­i­cal of the TPPA, stat­ing that the agree­ment was not favourable to the US.

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