Malaysia needs to strike a balance in trade pacts

Interview with ASEAN Business Advisory Council member, Tan Sri Dato’ Dr. Mohd Munir Abdul Majid

KUALA LUMPUR: Malaysia’s strategic interest in the region is best served by not being dependent on any one country where trade pacts are concerned.

CIMB Asean Research Institute chairman Tan Sri Munir Majid (pic) said the country could not rely on either the US-led Trans-Pacific Partnership (TPP) or the Regional Comprehensive Economic Partnership (RCEP), perceived as a China-dominated trade pact.