South Korea and Malaysia leaders agreed to get started on negotiating a bilateral free trade agreement, aiming to strike the deal within this year.
Malaysian Minister said the level of trade liberalisation under the proposed RCEP is still being extensively deliberated among participating countries.
Malaysian palm oil producers urge the government to reject the revival talks of free trade agreement with the European Union (EU) in view of its move to boycott palm biodiesel.
RCEP negotiations must not include obligation to join or implement UPOV systems and in anyway undermine farmers’ rights
Malaysian Minister of International Trade and Industry (MITI) Datuk Darell Leiking is hopeful that the ongoing negotiations on the RCEP will be concluded by the end of the year.
The Malaysian government required the deferment of upgrade relations with the EU due to ongoing trade dispute over palm oil, where the EU has been moving to ban the use of palm oil in biofuels.
Swiss Economics Minister has re-started negotiations with Malaysia over a proposed FTA. Talks had previously broken down over the contentious topic of palm oil.
Malaysia will not be pressured into ratifying a 11-nation Asia-Pacific trade deal, as trade minister raised the prospect of holding out for bilateral tariff pacts instead.
Malaysia punched above its weight at last week’s Asean Summit, where key decisions on the RCEP trade deal were postponed because many issues were unresolved.
Seoul agreed to launch a feasibility study on a free trade agreement with Malaysia and resume stalled trade pact negotiations with Indonesia.
Malaysia Prime Minister, Dr Mahathir Mohamad has reiterated his stand that Malaysia will not agree to lopsided trade deals. Malaysia had raised concerns, one of which is market access, said the source who requested anonymity.
Malaysia is still studying the implications and potential impacts of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) before deciding to ratify the free trade agreement, said the Prime Minister
An MP has dismissed a trade advocacy group’s claim that Malaysia will lose out to Vietnam if it does not ratify the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
Indonesia could delay signing a planned free trade deal with Australia if Prime Minister Scott Morrison formally recognises Jerusalem as Israel’s capital, political analysts suggest, as the move would provoke deep anger in the lead up to the Muslim nation’s presidential election.
Malaysia is putting a premium on a free trade deal led by the Association of Southeast Asian Nations, its trade minister told The Japan Times in a recent interview, while also apparently relegating the Japan-backed Trans-Pacific Partnership to the back burner for the time being.
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.