Malaysia in the process of amending Acts in order to ratify RCEP: Minister

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KUALA LUMPUR: The Malaysian government is currently refining the draft amendments to three Acts as it moves towards ratifying the Regional Comprehensive Economic Partnership (RCEP), said Deputy International Trade and Industry Minister Lim Ban Hong. Mr Lim said the Attorney-General’s Chambers i

KUALA LUMPUR: The Malaysian government is currently refining the draft amendments to three Acts as it moves towards ratifying the Regional Comprehensive Economic Partnership , said Deputy International Trade and Industry Minister Lim Ban Hong.

“To complete the RCEP ratification process, these Acts need to be amended. This is necessary to ensure that they are in line with Malaysia’s obligations and commitments under the RCEP agreement,” he said during the Dewan Rakyat’s question-and-answer session on Wednesday. “The RCEP agreement will only come into force after at least six ASEAN member states and three ASEAN dialogue partners have ratified it. So far, China, Japan and

For the CPTPP, Mr Lim said the FTA was signed on Mar 8, 2018 by 11 Asia-Pacific nations including Malaysia.

 

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