BEIJING: Prime Minister Datuk Seri Najib Razak said that all 12 countries involved in the Trans-Pacific Partnership (TPP) have agreed for the final round of negotiations to be held early next year.
Leaders involved in the TPP negotiations, being held on the sidelines of the ongoing Asia-Pacific Economic Cooperation (Apec) summit in Beijing, however, agreed that the negotiations were subject to several factors. “I informed them that we have several sensitive areas which are close to our internal policies. Top among them is the bumiputera agenda and government-owned companies. We want the 12 countries in the TPP to allow flexibility for Malaysia’s request to be considered,” Najib told Malaysian journalists here on Monday night.
Najib said if this was possible than Malaysia would be able to negotiate for a “TPP agreement that is on our terms”.
“The timeline is rather tight but we will try. If we are unable [to reach a decision], then we will look at further developments. I expect negotiations to be intensive in the next few months,” the prime minister said. — Bernama
This article first appeared in The Edge Financial Daily, on November 12, 2014.