TPP cost benefit analysis to be presented to Putrajaya tonight

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Source: The Malaysian Insider

tppa_graphic_bahasa_101015Malaysia’s cost benefit analysis (CBA) on the Trans-Pacific Partnership (TPP) agreement will be presented to Putrajaya and the relevant government agencies tonight at 8pm.

International Trade and Industries Deputy Minister Datuk Ahmad Maslan told Parliament today that the CBA was prepared by PricewaterhouseCoopers (PwC) and Malaysia’s Institute of Strategic and International Relations (Isis) and would be handed over to members of the lower house next week.

“The cost benefit analysis prepared by PwC and by Isis is completed and will be presented to Putrajaya, MITI and the relevant officers tonight at 8pm in Putrajaya. We will hand over the CBA next week.

“We will have around more than a month and the debate is (expected) to begin in February, once the Speaker of the House (has) determined the date,” Ahmad said to queries by Parti Sosialis Malaysia’s Sungai Siput MP Dr Michael Jeyakumar.

However, some members of the House claimed that one month and three months are not sufficient to go through the documents and said they needed it earlier, but Ahmad stood his ground.

“The government will continue to explain on the TPP. We will also have a parliamentary caucus on the issue soon. The minister Datuk Seri Mustapa Mohamed will hold two townhall meetings with the public, one in December and the other in January.

“Before we sign it, the topic will be debated,” said Ahmad, adding that he admitted that there was a “cost” to signing the TPP but based on the government’s study, the benefit outweighed the cost. – The Edge Markets, November 23, 2015.

 

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