Latest News:  

English>>World

Malaysia hosts 18th round of TPP negotiations

(Xinhua)

11:13, July 15, 2013

KUALA LUMPUR, July 15 (Xinhua) -- Officials from participating countries of the Trans-Pacific Partnership (TPP) gathered in the Malaysian city of Kota Kinabalu on Monday for the 18th round of negotiations, as they rush to the deadline set by their leaders to wrap up the free trade agreement by the end of the year.

The negotiations due to end on July 25 will also see Japan participating in the talks for the first time.

Malaysia's International Trade and Industry Ministry said a half-day session for stakeholders was arranged on the midway of the meetings, in which chief negotiators of TPP countries will brief more than 180 parties, including 51 from Malaysia representing different interest groups, on the status of negotiations.

"The objective of the program is to allow stakeholders to present their views and concerns," the ministry said in a statement.

The secret negotiations of TPP, which currently involves Australia, Brunei, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States and Vietnam, has triggered concerns and opposition in Malaysia, as politicians, business communities worries the deal would affect the ill-prepared indigenous business.

Former Malaysian Prime Minister Mahathir Mahamad has been outspoken against TPP, alleging that his country will be on the losing side of the agreement.

In an article posted on his blog on Friday, Mahathir said TPP "is another attempt by American to let their huge corporations penetrate the domestic markets of the small countries, in particular government procurements."

Mahathir, Malaysia's longest serving Prime Minister, called for more transparency regarding the TPP negotiations, saying the deadline should be ignored.

Mahathir also argued that China should be included in the negotiations.

Japanese Prime Minister Shinzo Abe has been an active advocator for the trade deal despite concerns within his Liberal Democratic Party (LDP). He announced Japan's participation in TPP negotiations shortly after taking office in December last year, and a likely victory for LDP in the upper house election on July 21 would potentially enable him to push through the trade agreement.

Abe is due to start visit to Malaysia, the Philippines and Singapore on July 25, his third trip to Southeast Asia since he took office.


We Recommend:

U.S. presidents and their pets

Highlights of 50th Int'l Paris Air Show

Best photos of week (June 17 - June 23)

Venezuelan Army School boat visits Cuba

Afghan refugees at UNHCR registration center

Beauty contest held in Budapest, Hungary

Angelina Jolie visits refugee camp

'Super moon' hangs in the sky over Rotterdam

LA' Chinatown sets up statue of Bruce Lee

Email|Print|Comments(Editor:YaoChun、Liang Jun)

Leave your comment0 comments

  1. Name

  

Selections for you


  1. Female soldiers in China-Russia joint drill

  2. Lady officers complete Basic Air Borne course

  3. Best photos of week (July 8 - July 14)

  4. 9 young giraffes find new home in Qingdao

  5. San Francisco crash survivors come back home

  6. Daily life in central China county

  7. Highlights of global stewardesses' uniform

  8. Charming beauties at Super Model Contest

  9. Model in see-through dress

  10. 10th China Changchun Int'l Automobile Expo

Most Popular

Opinions

  1. State must control capital: Justin Yifu Lin
  2. Chinese economy not to take hard landing
  3. RMB becomes more market-oriented: official
  4. High hopes for high-tech export reform
  5. China's automobile organization slams car limits
  6. Shortage of teachers hurts kindergartens
  7. Building on past successes
  8. Inflow of 'hot money' tackled, expert says
  9. Caution urged in seeking experts from abroad
  10. China didn't cause German solar firms' bankruptcy

What’s happening in China

In pictures: history of China's auto industry

  1. Shelter to help abandoned children
  2. Landslide victims identified by DNA
  3. Death toll rises to 26 in NW China downpours
  4. Typhoon Soulik kills three in south China
  5. Family claims iPhone killed daughter