Malaysia Has Little To Gain From Cptpp Says Un Researcher

Malaysia does not stand to gain much in trade should it ratify the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), contends a UN researcher
At a discussion at the Institute of Strategic and International Studies (Isis) Malaysia this morning, UN Conference on Trade and Development (Unctad) senior economic affairs officer Rashmi Banga presented a study which predicted a 13 percent fall in the country’s merchandise trade balance - US$2.4 billion (RM10 billion) - should it enter into the agreement
 Total imports were estimated to rise by six percent or US$2.5 billion (RM10.42 billion) per year, mainly from Japan, Singapore and Vietnam
Rashmi (photo, below) further analysed that more cars from Japan, along with plastic waste and scraps, would be brought into the country
However, in terms of exports to CPTPP countries, the researcher projected that Malaysia “wouldn’t gain too much” - only 0.2 percent more than the 2016 figures.  “This is because (for) the three big countries which are part of CPTPP - Singapore, Japan and Australia - Malaysia already has free trade agreements with them
“There are no additional gains in terms of tariff liberalisation for Malaysia,” Rashmi said when met after her presentation
 Should Malaysia not ratify the document, she predicted that trade balance would still fall but only by 0.2 percent or US$53 million (RM221 million)
The previous BN administration signed the CPTPP in March 2018 but the Pakatan Harapan government is currently mulling whether to ratify it into law
Need new strategies, not restrictionsThe CPTPP is not expected to help Malaysia attract more foreign direct investment (FDI), said international development NGO Third World Network legal adviser and senior researcher Sanya Reid Smith
According to Smith, politics and investor rating agencies considered factors other than trade partnerships when assessing countries, even more so with the advent of the fourth industrial revolution
“In fact, the world has moved on since the CPTPP, especially in the e-commerce chapter (of the document)
“Technology is moving so fast that some of the e-commerce chapter negotiators told me that the chapter was out of date even before the CPTPP came into force,” she told the forum
For Rashmi, Malaysia ought to be focusing on coming up with strategic policies to make it more competitive and adaptive in the digital age rather than “binding its hands” to CPTPP’s terms
This was especially since the CPTPP barred signatories from levying customs duties on electronic transmissions like data - a key commodity in today’s economy
“It is very important for Malaysia to have ownership of its data, to have data centres, to process its data and to come up with more digitally intelligent products
“This is how the trade competitiveness will change in the digital era
“[...] But there are some provisions in the CPTPP which will do not allow (countries) to own its data and do not encourage data localisation,” she explained
Supportive of the CPTPP was former Federation of Malaysian Manufacturers president Yong Poh Kon (photo), who believes that the agreement will allow Malaysia to enter large and largely untapped markets like Canada, Mexico and Peru.He was not perturbed about concerns over data, convinced that software was difficult to regulate or tax
“If we continue to wait, we may lose out because our next competitor is Vietnam, (and) they are already in the CPTPP
“Their population is 78 million and the (people) are very hardworking. Their share of external trade to GDP now exceeds that of Malaysia and they will continue to grow. If we don’t jump in (now), we will miss the train,” Yong told the media after presenting his views at the forum
The other member countries of the agreement are Brunei, Chile, Mexico and New Zealand
Today’s forum saw additional presentations from the government’s Economic Action Council member and Khazanah Research Institute visiting senior fellow Jomo Kwane Sundaram as well as Isis Malaysia’s Economic, Trade and Regional Integrated director Firdaos Rosli
Among those in the audience were the prime minister’s economic adviser Muhammed Abdul Khalid as well as officials from the Economic Affairs Ministry and the International Trade and Industry Ministry.  - Mkini

Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
I Ve Resigned From Pkr Says New Macc Chief Latheefa

I Ve Resigned From Pkr Says New Macc Chief Latheefa

papar berkaitan - pada 5/6/2019 - jumlah : 198 hits
Newly appointed Malaysian Anti Corruption Commission chief Latheefa Koya today said she has quit PKR But the party s secretary general Saifuddin Nasution said he is in the dark about it and that as far as he knew she was still a member This...
Allow Lynas To Continue In Malaysia Kuantan Mp Says Ok But Waste Must Still Go

Allow Lynas To Continue In Malaysia Kuantan Mp Says Ok But Waste Must Still Go

papar berkaitan - pada 3/6/2019 - jumlah : 192 hits
While the government has agreed to let Lynas Corp continue its rare earth refinery in Gebeng Pahang Pakatan Harapan lawmaker Fuziah Salleh said the condition remains that the Australian miner must provide a proper solution for the disposal ...
Najib Amended Src Constitution To Gain Control Of The Company Says Ex Chairman

Najib Amended Src Constitution To Gain Control Of The Company Says Ex Chairman

papar berkaitan - pada 12/6/2019 - jumlah : 163 hits
The High Court heard today that Najib Razak added a clause in the constitution of SRC International Sdn Bhd at an extraordinary general meeting to make him the adviser emeritus of the company The amendment also indirectly gave him control o...
The Little Bike That Could A Hartford Cafe From 2loud

The Little Bike That Could A Hartford Cafe From 2loud

papar berkaitan - pada 21/6/2019 - jumlah : 197 hits
Ever heard of the motorcycle brand Neither had we until just now It s a small manufacturer based in Taiwan but they ve been operating under the radar for 20 years And they now export bikes to the United Kingdom Spain and Italy as well as th...
Parliament Has No Role In Appointing Macc Chief Says Sri Ram

Parliament Has No Role In Appointing Macc Chief Says Sri Ram

papar berkaitan - pada 5/6/2019 - jumlah : 210 hits
Former Federal Court judge Gopal Sri Ram said today that the legislature has no role to play in key public appointments such as Latheefa Koya being made the MACC chief commissioner Sri Ram explained that unlike the presidential system pract...
I Only Know Haziq From Afar Says Azmin

I Only Know Haziq From Afar Says Azmin

papar berkaitan - pada 14/6/2019 - jumlah : 253 hits
PKR deputy president Mohamed Azmin Ali PUTRAJAYA Mohamed Azmin Ali today suggested he only knew the individual in the centre of the gay sex video from afar The economics affairs minister who has since denied he is the person in video clips ...
Dap Rep Says Selangor Council Officers Taking Bribes From Mall Owners

Dap Rep Says Selangor Council Officers Taking Bribes From Mall Owners

papar berkaitan - pada 19/6/2019 - jumlah : 83 hits
A Selangor DAP leader today lodged a report with the Malaysian Anti Corruption Commission accusing a city council in the state of blackmailing shop owners in a popular mall into paying bribes over illegal banners Sungai Pelek assemblyman Ro...
Holiday Gift From Benefit Cosmetic Malaysia

Holiday Gift From Benefit Cosmetic Malaysia

papar berkaitan - pada 21/6/2019 - jumlah : 96 hits
Dear Shoko s Mesti korang dah tau kan yang aku ni suka sangat dengan barang barang Benefit nih Dengan packaging dia yang sangat unik dah cute tu bertambah tambahlah nafsu aku ngan Benefit nih Kalau nak brow wax pun aku buat kat Benefit Nant...
We Re Not Taking Back Our Plastic Waste In Malaysia Says Canada

We Re Not Taking Back Our Plastic Waste In Malaysia Says Canada

papar berkaitan - pada 14/6/2019 - jumlah : 111 hits
A worker transfers plastic waste into a container in Port Klang Malaysia warned developed countries last month it would not accept any more waste from them TORONTO Canada says it has no plans to pick up its plastic waste that is parked in M...
Anak Pelakon Kena Dakwa

5 Pjs Bupati Di Sumsel Resmi Mulai Bekerja Selama Masa Kampanye Pilkada

Kementan Amankan Produksi Padi Dari Serangan Penggerek Di Subang

Peminat Terkejut Lihat Babybump Rupanya Loca B Tuju K Clique Dah Kahwin

Zahid Kecewa Ppbm Khianat Umno Sumber

Peristiwa Yang Amat Memalukan Rakyat Malaysia

Sabah Berjaya Keluar Dari Zon Penyingkiran Liga Super

Psu 2 0 Cara Permohonan Semakan Status Kelayakan

Resepi Sultana Scone Paling Mudah

Realiti Sebenar Kerjaya Dalam Bidang Pembangunan Videogame

Senarai Lagu Tugasan Konsert Akhir Big Stage 2020 Minggu 8

Keputusan Markah Peserta Konsert Separuh Akhir Big Stage 2020 Minggu 7

5 Selebriti Terkenal Yang Kini Bergelar Pendakwah Berpengaruh

Tanpa Rela Misha Omar Ost Cinta Sekali Lagi

Resepi Muffin Blueberry Gebu Mudah Dan Sedap Sukatan Cawan

3h2m Pulang

Anak Gembong Pki Tantang Gatot Nurmantyo

Siapa Siffu Azmin

Nota Iring Untuk Najib