Najib Confident TPPA Will Go Through Without US

Last update: 10/11/2017

From Noor Soraya Mohd Jamal

DA NANG (Vietnam), Nov 10 (Bernama) -- Prime Minister Datuk Seri Najib Tun Razak is confident that the Trans Pacific Partnership (TPP) agreement will go through with all 11 member countries, minus the United States.

He said all 11-member countries would be able to conclude the trade pact here.

"I'm confident and quite sanguine that we got a deal (done). The 11 remaining countries, led by Japan, will try to come up with our version."

"There's a lot of progress. Our ministers and officials worked very hard. The meeting lasted until 3am today," Najib said at a panel session of 2017 Asia Pacific Economic Cooperation (APEC) CEO Summit here today.

The TPP meeting resumed today as leaders from participating countries were scheduled to meet at 1.45pm local time.

Of course there's more process to go through like ratification and some letters that have to be worked out but, at least, we managed to salvage a free trade agreement that is very important for the future of APEC, he added.

Negotiations on TPP is currently being held in Da Nang on the sidelines of the ongoing APEC Economic Leaders' Week since Nov 6.

Najib said he believed TPP was the best way to generate wealth and create a win-win position for everybody.

TPP is supposed to be a significant building block towards ASEAN Free Trade Agreement and make the entire region a free trade area, he added.