Extract from “TPP needs significant structural changes to reap benefits”

On rice, ISIS said the issue of food security was addressed because Malaysia has the right to adopt or maintain any measures relating to wholesale and distribution services for rice.

“Regulator of rice industry and distributor, Bernas, will still maintain its control over rice supply and hence its price.

“The price of rice may not decrease in the short-run, as tariff is only eliminated in the 11th year,” it said.

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