Malaysia, Vietnam to leverage regional trade pacts
Investment, Trade and Industry Minister Tengku Zafrul Abdul Aziz says RCEP and CPTPP will boost both Malaysia and Vietnam’s ongoing economic recovery efforts, post-pandemic. – The Malaysian Insight file pic, July 21, 2023.
“These agreements play a crucial role in advancing our agenda of progressive, sustainable and inclusive growth, further strengthening our efforts towards a resilient and prosperous future,” he said at the Malaysia-Vietnam Business Forum in Hanoi today. “The UK’s accession clearly shows the attractiveness and benefits of the CPTPP, and this would certainly encourage other countries to consider the advantages of membership, as well as closer economic integration and cooperation,” he said.
“Encouraging responsible business practices and social inclusivity contributes to long-term prosperity and the wellbeing of participating nations, including Malaysia and Vietnam,” said Tengku Zafrul.
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