PETALING JAYA: Malaysia benefits from the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) with better market access for its exports, says the Federation of Malaysian Manufacturers (FMM).
In a statement Wednesday (Jan 18), FMM said that Malaysia, as the ninth country implementing the CPTPP, especially benefitted from deeper tariff concessions, especially to three new markets - Canada, Mexico and Peru.
It was also pleased to note that there was a growing interest among Malaysian companies when it came to the application of the CPTPP.
The statement in full can be read below: