KUALA LUMPUR, Aug 3 — The Regional Comprehensive Economic Partnership (RCEP) participating countries (RPCs), including Malaysia, are expected to proceed with the signing of the agreement in November, according to International Trade and Industry Minister Datuk Seri Mohamed Azmin...
Senior Minister Datuk Seri Mohamed Azmin Ali is pictured at Parliament in Kuala Lumpur August 3, 2020. — Picture by Yusof Mat Isa
RCEP is set to be the largest regional free trade agreement covering almost half of the world’s population and contributing one-third of the global Gross Domestic Product. Mohamed Azmin said his ministry, along with the Attorney General’s Chambers and the relevant ministries, were actively conducting engagement sessions with all stakeholders, including state governments, on the Comprehensive and Progressive Agreement for Trans-Pacific Partnership .
“Hence the government needs to ensure that any decision related to CPTPP must balance the needs and interests of the country and local industries with those of foreign investors,” he said.
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