Friday, October 23, 2015

TPPA _ Disaster or Blessing for Malaysia_

What is TPPA?




The Trans-Pacific Partnership Agreement (also known as TPP or TPPA) is a free trade agreement. It was announced on Monday 5 October 2015 that the agreement had been reached, marking the “largest trade-liberalising pact in a generation

Which countries are currently involved?

12 countries: Australia, Brunei, Chile, Canada, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, United States and Vietnam.

Nowadays, Malaysia citizen are beginning to wonder whether any TPPA status with the United States.

whether already signed or not?
there's also the first time that they hear the word TPPA, what the TPPA, they asked
There are also not concerned with the TPPA, as long as they can eat,go to work

POSITIVE IMPACT
  • Malaysia facilitate market access outside markets
  • able to improve our economic and income
  • The import duty on almost all products will be eliminated

NEGATIVE IMPACT
  • medicine cost increase
  • monopoly by big company


2 comments:

  1. In your opinion, do you think this agreement give an advantages to you as a malaysian?

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    Replies
    1. ermm. in my opinion, it have pros and cons. maybe it will benefits me in some scope. just as malaysian, we need to try our best to compete with others. dont give up till the end. peace yaa! :)

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