The United Kingdom has officially joined Malaysia and 11 other founding nations in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), marking the first free trade agreement between the two countries. Malaysian Minister Tengku Zafrul Abdul Aziz represented Malaysia at the signing in Auckland. He highlighted that Malaysian exports would benefit from duty-free treatment on 94% of tariff lines, including key products like palm oil and electronics. The UK’s accession underscores the CPTPP's significance in promoting a rules-based trading system.
Also available in 'The Star', 'The Borneo Post Sarawak'.UK OFFICIALLY JOINS CPTPP, MARKING ITS FIRST FTA WITH M’SIA
The United Kingdom has officially joined Malaysia and 11 other founding nations in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), marking the first free trade agreement between the two countries. Malaysian Minister Tengku Zafrul Abdul Aziz represented Malaysia at the signing in Auckland. He highlighted that Malaysian exports would benefit from duty-free treatment on 94% of tariff lines, including key products like palm oil and electronics. The UK’s accession underscores the CPTPP's significance in promoting a rules-based trading system.
Also available in 'The Star', 'The Borneo Post Sarawak'.
