MITI says committed to Trans-Pacific Partnership Agreement

  • Business
  • Thursday, 04 Jul 2013

KUALA LUMPUR: Malaysia’s Ministry of International Trade and Industry (MITI) is committed to safeguarding Malaysia's economic and trade interests and also the Trans-Pacific Partnership Agreement (TPPA).

MITI said on Wednesday it was concerned with certain inaccurate information being circulated by irresponsible quarters regarding the TPPA and specifically a study by the UNDP.

MITI pointed out there were allegations the UNDP study contained recommendations for Malaysia not to sign 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,” it said.    

 It added the UNDP study listed key advantages and challenges for Malaysia vis-à-vis the TPPA. 

It said the study also contains key recommendations regarding Malaysia's negotiating positions across all areas being negotiated in the TPPA, hence the reason why MITI is not able to release this document yet.

“MITI would also reiterate that the Ministry is committed to safeguarding Malaysia's economic and trade interests vigorously across all our international engagements, including the TPPA,” it said. 

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