Sun08202017

LAST_UPDATESun, 20 Aug 2017 10am

N.Sembilan Breaks World Record

N.Sembilan Breaks World Record

SEREMBAN: Negeri S...

AirAsia Aims To Fly 1.3 Million Tourists To Langkawi This Year With 300,000 Direct International Flights

AirAsia Aims To Fly 1.3 Million Tourists To Langkawi This Year With 300,000 Direct International Flights

LANGKAWI: AirAsia ...

Cop Killed In Cold Blood Was Probing Firearm Smuggling Case

Cop Killed In Cold Blood Was Probing Firearm Smuggling Case

KOTA STAR: The mur...

Thieves Steal RM80k Worth Of Valuables From Accountant's Home

Thieves Steal RM80k Worth Of Valuables From Accountant's Home

GEORGE TOWN: An ac...

KL SEA Games Opening Gets Underway At National Stadium

KL SEA Games Opening Gets Underway At National Stadium

KUALA LUMPUR: The ...

Osaka Homestay Bans Malaysians Following Trio's Hooliganism

Osaka Homestay Bans Malaysians Following Trio's Hooliganism

KUALA LUMPUR: The ...

Russian Knife Attacker Stabs and Wounds at Least 7 in Siberia

Russian Knife Attacker Stabs and Wounds at Least 7 in Siberia

MOSCOW: A man wiel...

Constituent Assembly Assumes Power To Legislate

Constituent Assembly Assumes Power To Legislate

Venezuela's new le...

Kenya Opposition Files Challenge Over Election Results

Kenya Opposition Files Challenge Over Election Results

Lawyers representi...

Assaults Launched Against ISIL On Lebanon-Syria Border

Assaults Launched Against ISIL On Lebanon-Syria Border

The Lebanese army ...

Q2 GDP Growth Proves Negative Predictions Wrong - Rahman Dahlan

Q2 GDP Growth Proves Negative Predictions Wrong - Rahman Dahlan

KUALA LUMPUR: Mala...

Sarawak Acknowledges Petronas' Contribution - Johari

Sarawak Acknowledges Petronas' Contribution - Johari

KUCHING: Sarawak Chi...

Malaysia's Economic Progress Defies Naysayers - PM Najib

Malaysia's Economic Progress Defies Naysayers - PM Najib

PETALING JAYA: The I...

GDP Growth For 2017 Likely To Hit 5 Pct - Johari

GDP Growth For 2017 Likely To Hit 5 Pct - Johari

KUALA LUMPUR: Malays...

China Issues Guidelines For Overseas M&As, Pushes Belt And Road Deals

China Issues Guidelines For Overseas M&As, Pushes Belt And Road Deals

BEIJING: China's cab...

NASA, PBS Marking 40 Years Since Voyager Spacecraft Launches

NASA, PBS Marking 40 Years Since Voyager Spacecraft Launches

CAPE CANAVERAL, FLA....

As Glaciers Melt,

As Glaciers Melt, "Land Of Fire And Ice" Watches Its History Seep Away

JOKULSARLON, ICELAND...

“Yes, I Have The Body Of A Man. But I Have The Heart Of A Woman” 

“Yes, I Have The Body Of A Man. But I Have The Heart Of A Woman” 

Meet El Lye, forme...

Woman Loses Diamond Engagement Ring, Guess Where She Found It 13 Years Later

Woman Loses Diamond Engagement Ring, Guess Where She Found It 13 Years Later

A 84-year-old was ...

Why ‘Hijabsta Ballet’ Should Have Not Been Pulled Out Of Cinemas After Two Weeks Of Screening

Why ‘Hijabsta Ballet’ Should Have Not Been Pulled Out Of Cinemas After Two Weeks Of Screening

There was a time w...

Pic: www.miti.gov.myPic: www.miti.gov.myKUALA LUMPUR: Negotiations on the US-led Trans-Pacific Partnership Agreement (TPPA) are not expected to be concluded by its October deadline due to the many issues yet to be addressed, said International Trade and Industry Ministry (Miti) secretary-general Datuk Dr Rebecca Sta Maria.

 

"We are in the 18th round of negotiations and there are strong rumours we are going to sign it in October. No, that's not going to happen because there are so many areas where we have not reached consensus," she told reporters at a forum and dialogue to clarify issues related to TPP organised by the Young Entrepreneur Organisation Malaysia yesterday.

"It's a negotiation among equals. I keep stressing this is not a negotiation of one against 11 but it is a negotiation of equals. If even one party doesn't agree you cannot have conclusions," she added.

Yesterday, Malaysia and 11 other Trans-Pacific Partnership (TPP) partners converged on Kota Kinabalu for the 18th round, with an eye on concluding negotiations by year-end.
Sta Maria said there are many areas that have not been addressed such as intellectual property rights.

"It is also not true that you need to be invited. A country decides to join. All 21 countries can choose to be part of it.

"We chose to be there early so that we understand what's going on. If you are not in it (TPPA negotiations), you cannot shape the rules."

She also said Miti will look at developmental aspects of small and medium enterprises (SMEs) including how the TPPA can help SMEs grow and take advantage of the opportunities that will be created from the agreement.

"It is an arrangement that would help us cooperate to ensure our SMEs can take advantage of whatever opportunities that arise," she said.

"We've done engagement with SMEs. SME Corp Malaysia and the Malaysia External Trade Development Corp have been doing this on a continuous basis.

"We will continue to do it and step it up. SMEs are very important to our economy and we will never jeopardise our indigenous companies for anything."

The TPP is an on-going plurilateral negotiation involving Australia, Brunei, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore, the US and Vietnam.

The 12th country, Japan, participated for the first time during the 18th round of negotiations which began yesterday and will end on July 25 in Kota Kinabalu, Sabah.

 

 

 

- Eva Yeong/ theSun

http://www.thesundaily.my/news/770949