Extract from “TPPA shows M’sia ready for ‘high standards in trade, investment’”

Chief negotiator J Jayasiri explained that previously Malaysia was part of the European Union’s (EU) Generalised Scheme of Preferences (GSP), which allows developing country’s exporters to pay less on their exports to the region.

However, now Malaysia is no longer in the list, and this was another reason for the need to participate in such a high-standard treaty like TPPA, he said.

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