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FMM Welcomes Signing of CPTPP

PRESS RELEASE

The Federation of Malaysian Manufacturers (FMM) welcomes the expected signing of the Comprehensive and Progressive Agreement for the Trans-Pacific Partnership (CPTPP) in March 2018. The implementation of the CPTPP is expected to form an unprecedented market of almost 500 million people, with a combined GDP of USD11 trillion. We applaud the Ministry of International Trade and Industry and the team of negotiators for their unflagging efforts to make the trade agreement become a reality and welcome the significant commercial and strategic benefits that the CPTPP would bring.   

CPTPP is one of the more important new trade agreements to the manufacturing fraternity as we expect it to enhance market access, accelerate export growth to new and emerging markets and build investor confidence in Malaysia.


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