BANGI, Jan 6 (Bernama) -- Malaysia may not get a first-mover advantage if it were to adopt a wait-and-see attitude and join the Trans-Pacific Partnership Agreement (TPPA) later, International Trade and Industry Minister Datuk Seri Mustapa Mohamed said.
He reiterated that Malaysia, among others, managed to protect preferences for Bumiputera, small businesses and the local halal industry during the trade deal negotiations.
If Malaysia were to adopt a wait-and-see attitude, it may lose all the advantages negotiated if it decides to join the TPPA later, he added.
"We have to renegotiate (the deal) if we were to join it later, but we may not get all those items back " he told reporters following a briefing on the TPPA at Universiti Kebangsaan Malaysia here today.
At the gathering attended by more than 500 academicians and students, Mustapa elaborated on the trade pact and rebutted criticism that the ministry was not being opaque about the negotiations.....