PETALING JAYA: Malaysia has welcomed a breakthrough among trade negotiators of the remaining 11 countries of the Trans-Pacific Partnership in Tokyo, clearing the way for a revised agreement to be signed in early March.
International Trade and Industry Minister Datuk Seri Mustapa Mohamed said the free trade agreement, now known as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), is a high-quality agreement with a combined GDP worth US$11 trillion (RM42.9 trillion), covering a 476 million population and a 15% share of global trade volume.