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Cabinet gives MITI nod to sign replacement for controversial trade deal
International Trade and Industry Ministry Minister Datuk Seri Mustapa Mohamed speaks at the u00e2u20acu02dcMITI Day 2018u00e2u20acu2122 event on February 26, 2018. u00e2u20acu201d Picture by Hari Anggara

The international trade and industry minister said the agreement that arose from the abortive Trans-Pacific Partnership Agreement was in Malaysia’s best interests.

"This is a big trade-deal, the biggest in the recent years. It wasn’t rush matter as we went through the detailing of negotiations,” he said during the "MITI Day 2018”.

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The CPTPP is a minor renegotiation of the TPPA after the latter collapsed due to US President Donald Trump’s decision to remove his country from the deal that was initiated by his predecessor, Barack Obama.

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