KUALA LUMPUR, April 1 ― With the United Kingdom’s (UK) eventual accession into the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), Malaysian...
KUALA LUMPUR, April 1 ― With the United Kingdom’s eventual accession into the Comprehensive and Progressive Agreement for Trans-Pacific Partnership , Malaysian exporters will stand to benefit from additional preferential access into UK’s market, said International Trade and Industry Minister Datuk Seri Tengku Zafrul Abdul Aziz.
“The eventual accession of the UK into the CPTPP will open new opportunities for Malaysian businesses and small and medium enterprises , particularly through wider sourcing channels for materials at competitive prices, as well as technical assistance and capacity building programmes, which would further stimulate Malaysia’s economic growth and strengthen regional supply chains.
Yesterday, the UK concluded trade talks with member countries to join the CPTPP after 21 months of negotiations.
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