The ongoing trade tension between China and the United States has provided the impetus for an early conclusion of the Regional Comprehensive Economic Partnership (RCEP), said Malaysia’s International Trade and Industry Ministry.
The Swiss Senate has narrowly voted against proposals to exclude palm from any free trade agreement with Malaysia and Indonesia.
The FTA was placed on hold since the region was impacted by various unfortunate circumstances such as the Arab Spring, followed by the global financial crisis, as well as the plunge in crude oil prices.
Malaysia will go ahead with the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) in a reaffirmation of the country’s commitment to the wide-ranging trade pact involving 11 nations.
Veteran Malaysian prime minister Mahathir Mohamad lived up to his reputation for straight talk, calling for "fair trade" and warning against a new colonialism in a joint press conference with Chinese premier Li Keqiang.
There is nothing progressive about the CPTPP except its name.
With negligible real trade gains from the original TPP, the US withdrawal has made benefits from the regional agreement even more trivial.
Malaysia has expressed its strong interest in moving forward on the free trade agreement (FTA) with Sri Lanka that was initially contemplated in 2013, a communiqué from Sri Lanka’s Industry and Commerce Ministry said yesterday.
The EU-Malaysia Chamber of Commerce and Industry is hopeful that the new government will resume talks on the EU-Malaysia free trade agreement.
Malaysia should review bilateral investment treaties to see if it is fair to remain in these trade agreements as some contain clauses that are seen to be biased to investors, said Third World Network adviser Martin Khor.
The newly formed government in Malaysia is apprehensive of China’s One Belt One Road Initiative (OBOR). The Mahathir Mohamad government is not very keen to participate in China’s One Belt One Road Project.
The new government of Malaysia will continue its "friendly" relationship with China and "make best use" of its initiative to create a 21st-century Silk Road to connect East Asia with Europe, Prime Minister Mahathir Mohamad said on Monday.
Leader’s visit to Japan seen as a sign of Malaysia’s move away from China, which pumped billions of dollars into the previous administration.
The Government of Malaysia has said that while it has good bilateral relations with China, it would not be keen to go overboard in getting involved in Beijing’s BRI.
The Consumer Association of Penang (CAP) is urging the government to assess its position in regional trade agreements like the TPP and the RCEP.
Trade deals cover many key issues besides trade and have huge implications for economic and social development, so they should also come under review by the new government.
The Malaysian government will review several trade agreements such as Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Regional Comprehensive Economic Partnership (RCEP) to see if its viable to be part of the trade partnerships.
Renegotiating the Trans-Pacific Partnership Agreement (TPPA) to make significant changes may be difficult, says Datuk Seri Mustapa Mohamed, Malaysian Minister of International Trade and Industry.
Malaysia is studying the possibility of establishing a free-trade agreement (FTA) with Brazil, International Trade and Industry Ministry Secretary-General Datuk Seri J Jayasiri said.
In a speech at the Malaysia Business Forum, Trade Secretary Ramon M. Lopez revealed that the RCEP will have substantial documents ready before the end of Singapore’s chairmanship of the Association of Southeast Asian Nations summit. This was agreed upon by trade ministers of RCEP negotiating countries in their recent meeting in Singapore.