Azmin expects Asia-Pacific trade pact to be fully ratified by year-end
International Trade and Industry Minister Mohamed Azmin Ali says he expects the Comprehensive and Progressive Agreement for Trans-Pacific Partnership to be fully ratified by the end of this year. – The Malaysian Insight file pic, August 8, 2022.
He said currently, there are still four laws under the Human Resources and Communications and Multimedia Ministries that needed to be amended before progression to the next phase. He said the International Trade and Industry Ministry had presented the findings of the cost and benefit analysis of CPTPP to the cabinet last month and concluded that the benefit of CPTPP ratification outweighed the costs.
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