Extract from “’TPP to lift Malaysia’s GDP by 8pc’”

The World Bank said the recently-concluded Trans Pacific Partnership (TPP) agreement between 12 Pacific Rim countries will see an eight per cent rise in Malaysia’s gross domestic product (GDP) by 2030.

Malaysia and Vietnam, which stands to gain a 10 per cent growth, would benefit from the lower tariffs and non-tariff measures in large export markets as well as from regional supply chains through deeper integration.

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