ISDS Case Map
Malaysia
An unlevel playing field exists under the Asean-China free trade agreement (FTA), according to the Federation of Malaysian Manufacturers Aluminium Manufacturers Group (FMM AMGM).
The European Union is ready for talks on the free trade agreement with Malaysia, says ambassador and head of delegation of the EU to Malaysia Vincent Piket.
Malaysia and India are on target to sign a free-trade agreement by year-end as the two countries readied for a third round of talks.
Malaysia said Thursday that negotiations towards a bilateral trade pact with the United States have been shelved and it is now considering joining a regional deal promoted by the US.
"The US bilateral (free-trade) talk is not on, so we have to explore other alternatives. It is for that reason we are keen to come on board (the TPP) subject to local consultations," Trade Minister Mustapa Mohamed says
Many Malaysian manufacturers are struggling to survive the influx of Chinese goods since the China-ASEAN FTA came into effect on 1 January 2010.
Malaysia is not attending the TPP's first meeting in Australia next month.
US businesses in Malaysia said a broader trade pact like the Trans-Pacific Strategic Economic Partnership Agreement will provide better results than the stalled US-Malaysia free trade agreement (FTA) talks.
Malaysia can have a free trade pact with the European Union (EU), EU ambassador Vincent Piket said, the second in Asean after Singapore.
The Malaysian government is committed to the regional free trade agreement (FTA) with China that came into force on Jan 1, although some parties have expressed concerns the trade liberalisation agreement would hurt local manufacturers.
