As one of the pioneer members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), Malaysia is looking forward to welcoming China into the fold, anticipated to be as early as next year, according to Malaysia's national news agency Bernama.
Kuala Lumpur (VNA) - As one of the pioneer members ofthe Comprehensive and Progressive Agreement for Trans-Pacific Partnership(CPTPP), Malaysia is looking forward to welcoming China into the fold, anticipated to be as early as next year, according to Malaysia's national news agency Bernama.
Bernama quoted a response by the Ministry of International Tradeand Industry (MITI) in reply to the agency's query as saying that Malaysia is particularly encouraged with the recent move by China to formally apply for accession into the CPTPP.
In February this year, the United Kingdom became the first countryoutside the Asia Pacific belt to formally request for accession into theCPTPP.
Within a span of seven months, it is interesting to see thatCPTPP has received another accession request, demonstrating the significantvalue of this agreement and its attraction to countries within and beyond theAsia Pacific region, Bernama said.
The CPTPP is a trade agreement among Australia, Brunei, Canada,Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam.
Malaysia is currently on track in ratifying the CPTPP./.
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Illustrative image (Photo: VNA) 
