No back-pedalling on TPPA
> Agreement beneficial to Malaysia: Mustapa
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.