The contents of the Trans-Pacific Partnership Agreement (TPPA) will be made public a month from now, if talks in the United States starting tomorrow end in Malaysia’s favour.
“If the talks in Atlanta, Georgia end in development and with Malaysia's interest protected, the agreement’s text will be made public in about a month after that,” International Trade and Industry Minister Mustapa Mohamed said in a statement today.
Mustapa said the cost benefit study on the TPPA’s effect on Malaysia by the Institute of Strategic and International Studies (ISIS) and PricewaterhouseCoopers (PwC) will also be updated to reflect the outcome of the two day talks.
Mustapa said both the study and the draft agreement will be presented to the public and Parliament, and it is up to the August house to decide whether or not Malaysia should sign the deal.
The Atlanta talks is the second TPPA meeting this year.
The TPPA is a free trade agreement between the US and 12 other countries.
Talks have been ongoing for five years and are expected to be completed by this year.
Critics have said that the TPPA will undermine Malaysia’s sovereignty, as it will heavily favour American companies.
One of the concerns is that the prices of medicines will skyrocket once the deal is signed.
