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Tuesday 6 October 2015

Mustapa Mandated Negotiating Terms of Agreement TPPA



KUALA LUMPUR - Prime Minister Datuk Seri Najib Tun Razak has mandated the Minister of International Trade and Industry Minister Datuk Seri Mustapa Mohamed in respect of negotiations of the Trans-Pacific Partnership Agreement (TPPA).

Via TwitterNajibRazak today, the prime minister said he and the cabinet has given the mandate and trust to Mustapa to negotiate the terms of TPPA.

"It is the responsibility of government to ensure the country's long-term economic interests are preserved and at the same time, domestic demand is not compromised," he said.

Meanwhile, Mustapa said in a statement yesterday said TPPA formulated recently agreed to consider almost all raised concerns and sensitivities of Malaysia including government procurement, state-owned enterprises and indigenous.

Mustapa said Malaysia was given to flexibility details include longer transition period and differential treatment for sensitive matter for the country.

Youth also assured that the decision on whether Malaysia is a party or otherwise to the TPPA will be a collective decision.

"As soon as the official text of the agreement is ready and prepared, it will be brought to the public and tabled in Parliament for discussion. We will also hold a full consultation with stakeholders and the public, "he said.

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