Mon04202015

LAST_UPDATEMon, 20 Apr 2015 12am

Trees Uprooted, Roof Flew Off In Shah Alam

Trees Uprooted, Roof Flew Off In Shah Alam

SHAH ALAM: Several t...

Corruption In Malaysia Under Control - International Expert

Corruption In Malaysia Under Control - International Expert

An international exp...

Gender Segregation At Live Shows A Logistical Nightmare For Event Organisers

Gender Segregation At Live Shows A Logistical Nightmare For Event Organisers

KUALA LUMPUR: The Ma...

‘Bukit Botak’ Rezoned To Residential Land In 2012

‘Bukit Botak’ Rezoned To Residential Land In 2012

GEORGE TOWN: THE con...

Malaysian Cartoonist Defiant 'To The Last Drop Of My Ink'

Malaysian Cartoonist Defiant 'To The Last Drop Of My Ink'

KUALA LUMPUR: Malays...

Breakaway Turkish Cypriots Vote For New Leader

Breakaway Turkish Cypriots Vote For New Leader

NICOSIA, Cyprus — Tu...

Kim Jong-Un Claims ‘Getting A Nuclear Wind’ After Scaling Mountain

Kim Jong-Un Claims ‘Getting A Nuclear Wind’ After Scaling Mountain

SEOUL — North Korean...

Thailand’s Top Cop Says No Junta Lackey, Vows Force ‘Ready For Change’

Thailand’s Top Cop Says No Junta Lackey, Vows Force ‘Ready For Change’

BANGKOK — Thailand’s...

'X-Men' Star Hugh Jackman Asks For Help Fighting Global Poverty

'X-Men' Star Hugh Jackman Asks For Help Fighting Global Poverty

Australian actor H...

Daredevils From Ukraine Almost Died Sliding Down A Glass Roof

Daredevils From Ukraine Almost Died Sliding Down A Glass Roof

A video of two men...

Thin-Film Solar Technology Under Scrutiny As China’s Hanergy Soars

Thin-Film Solar Technology Under Scrutiny As China’s Hanergy Soars

HONG KONG — The gree...

Samsung Removes Logo On Smartphones In Japan

Samsung Removes Logo On Smartphones In Japan

SEOUL: Samsung has r...

MAS To Discontinue Flights To Frankfurt

MAS To Discontinue Flights To Frankfurt

FRANKFURT: Malaysia ...

EU Vs Google: Showdown Offers Openings To Competitors

EU Vs Google: Showdown Offers Openings To Competitors

FRANKFURT — Start sm...

Greek Crisis Roils Markets, US Piles Pressure On Athens

Greek Crisis Roils Markets, US Piles Pressure On Athens

WASHINGTON — The Uni...

[WITH VID]

[WITH VID] "Batman v Superman: Dawn Of Justice" Trailer Leaked - Superman Looks Like The Villain

Geeks everywhere w...

Humans Love Pet Dogs As Much As Their Children And The Feeling Is Mutual

Humans Love Pet Dogs As Much As Their Children And The Feeling Is Mutual

Humans love their pe...

[With Vid] 'I So Stunned Like Vegetable' Could Be The Next 'Gangnam Style' Viral Hit

[With Vid] 'I So Stunned Like Vegetable' Could Be The Next 'Gangnam Style' Viral Hit

Comparing your lov...

Tony Fernandes, Obama, Kanye West And Kim Kardashian Among TIME's 100 Most Influential

Tony Fernandes, Obama, Kanye West And Kim Kardashian Among TIME's 100 Most Influential

US President Barac...

"We're Home Chewwy" - New 'Star Wars: The Force Awakens' Trailer Released And It's Awesome!

Get ready to exper...

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