Call to ratify RCEP and CPTPP by year-end

KUALA LUMPUR: Business and association leaders from various industries in Malaysia were unanimous in their call for the government to ratify the Regional Comprehensive Economic Partnership (RCEP) and the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) free trade agreements (FTAs) as soon as possible.

This is because the country is at risk of losing out on gross domestic product (GDP) growth opportunities that are now being captured by countries that are already a part of the RCEP and CPTPP.