Malaysian Parliament approves Trans-Pacific Partnership agreement

The Malaysian Parliament on Wednesday approved the country's participation in the 12-nation Trans-Pacific Strategic Economic Partnership Agreement, a senior official said.

There were 127 votes in favour of the agreement, while 84 voted against, according to International Trade and Industry Ministry Mustapa Mohamed.

Mohamed said the Senate was expected to ratify the agreement on Thursday, paving the way for Malaysia's participation in the trade pact.

The US-led trade deal is aimed at spurring trade in the Pacific region.

Signatories include Brunei, Chile, New Zealand, Singapore, Australia, Canada, Malaysia, Japan, Mexico, Peru, the United States and Vietnam.

The deal is expected to be ratified next month in New Zealand.

Last update: Wed, 27/01/2016 - 21:51
Author: 

More from World

McLaren: Russia duped international sport, 1,000 athletes involved

Russia has duped international sport "on an unprecedented scale" with more than 1,000 athletes implicated in a...

Indonesia's quake toll revised to 100 as president pledges rebuilding

The death toll from an earthquake that devastated parts of Indonesia's Aceh province has been revised to 100 from...

US reaffirms military and financial commitment to Afghanistan

The United States of America renewed its financial and military commitment to Afghanistan ahead of the changeover to...

Russia: Syrian military only temporarily stopped attacks in Aleppo

Syria's military stopped attacks on rebel-held parts of the city of Aleppo only temporarily on Thursday to allow...

Norwegian Refugee Council employee arrested in South Sudan

The humanitarian organization Norwegian Refugee Council (NRS) said Friday that one of its employees has been...