Thursday 25 Apr 2024
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KUALA LUMPUR (Nov 23): Malaysia's cost benefit analysis (CBA) on the Trans Pacific Partnership (TPP) agreement will be presented to Putrajaya and the relevant government agencies tonight at 8pm.

International Trade and Industries Deputy Minister Datuk Ahmad Maslan told Parliament today that the CBA was prepared by PricewaterhouseCoopers (PwC) and Malaysia's Institute of Strategic and International Relations (ISIS) and will be handed over to members of the lower house next week.

"The cost benefit analysis prepared by PwC and by ISIS is completed and will be presented to Putrajaya, MITI and the relevant officers tonight at 8pm in Putrajaya. We will hand over the CBA next week.

"We will have around more than a month and the debate is [expected] to begin in February, once the Speaker of the House [has] determined the date," Ahmad Maslan said to queries by Sungai Siput (Parti Sosialis Malaysia) MP Dr Michael Jeyakumar.

However, some members of the House claimed that one month and three months are not sufficient to go through the documents and said they needed it earlier, but Ahmad Maslan stood his ground.

"The government will continue to explain on the TPP. We will also have a Parliamentary Caucus on the issue soon. The Minister Datuk Seri Mustapa Mohamed will hold two town hall meetings with the public, one in December and the other in January.

"Before we sign it, the topic will be debated," said Ahmad Maslan adding that he admits that there is a "cost" to signing the TPP but based on the government's study, the benefit outweighs the cost.

 

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