Mustapa: Only minor amendment required for laws related to TPPA

Datuk Seri Mustapa Mohamed said Malaysia would finalise amendments to federal laws and regulations related to the TPPA within two years of signing the pact. — Picture by Choo Choy May
Datuk Seri Mustapa Mohamed said Malaysia would finalise amendments to federal laws and regulations related to the TPPA within two years of signing the pact. — Picture by Choo Choy May

KUALA LUMPUR, Jan 19 — Only minor amendments will be made to the 26 state and Federal laws and regulations related to the Trans-Pacific Partnership Agreement (TPPA), said International Trade and Industry Minister Datuk Seri Mustapa Mohamed.

“There will not be much amendments and if there are, they will be very minor. Besides, it will only involve a circular which has already been identified by the Attorney-General,” he told reporters at Export Day 2016 organised by the Malaysia External Trade Development Corporation (Matrade) here today.

Mustapa reiterated that Malaysia would finalise the amendments, which would include labour rules and regulations and, intellectual property rights within the time frame of two years after the signing of the pact.

The minister also confirmed that the trade pact would most probably be signed on February 4 in New Zealand.

The contents of the TPPA, as well as, findings of the two cost-benefit analyses would be tabled and debated in the Dewan Rakyat and Dewan Negara beginning January 26.

The agreement requires Parliament approval before it is ratified. — Bernama