“These outcomes will ensure that the CPTPP remains an ambitious agreement that brings tangible benefits to our businesses and people. This is important in our efforts towards strong and resilient economic recovery that is inclusive and sustainable for all,” he explained in a press release.
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), an emerging trade bloc, has gained some recent momentum with Malaysia welcomed as the ninth member to complete its official ratification process.
Singapore’s Minister for Trade and Industry Gan Kim Yong, who chaired the first in-person CPTPP commission meeting since the Covid-19 pandemic, said that Malaysia’s ratification of the CPTPP will enhance the benefits of the agreement for all signatories.
