Malaysia finally signs ambitious Trans-Pacific Partnership Agreement

February 4, 2016     Source : The Malay Mail Online

AUCKLAND, Feb 4 — Twelve countries including Malaysia have finally signed the ambitious Trans-Pacific Partnership Agreement here today which is set to expand markets, reduce tariffs and promote freer trade.

International Trade and Industry Minister Datuk Seri Mustapa Mohamed signed the comprehensive 21^st century pact for Malaysia that represents nearly 40 per cent of global gross domestic product worth US$30 trillion (RM124.678 trillion).

The signing of the TPPA in New Zealand’s capital city is the culmination of five years and 19 rounds of tough negotiations.