KUALA LUMPUR: Malaysia and 11 other Pacific Rim countries have reached a deal on the most sweeping trade liberalisation deal that will cut trade barriers and set common standards among these countries which form 40% of the world economy.
Trade ministers and their chief negotiators who have been on a marathon meeting in Atlanta since Sept 26, revealed yesterday that their Trans-Pacific Partnership Agreement (TPPA) has been concluded, paving the way for a deal that could reshape industries and influence everything from the price of cheese to the cost of cancer treatments.
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