KUALA LUMPUR: The allegation that the Trans-Pacific Partnership Agreement (TPPA) is a form of colonisation by the United States and the worldâ€™s big powers is totally untrue, says Datuk Seri Najib Tun Razak (pic).
The Prime Minister stressed that the reality was that Malaysiaâ€™s participation in the TPPA was decided only after having considered the significance of the agreement and long-term returns to the country and people.
â€œThe TPPA will open up more avenues to Malaysians to explore new markets in TPPA countries especially America, Canada, Mexico and Peru,â€ he said in a post on his Facebook on Monday.
Najib also commented that free trade agreements (FTA) and the foreign direct investment (FDI) were not new to Malaysia.
Malaysia, he said, had already signed FTAs with nations such as Japan, China, Korea, India, Pakistan, Chile, New Zealand and Australia.
Therefore, he said, no one should assume that the TPPA was akin to potentially mortgaging the country to the worldâ€™s super powers.
He stressed that Malaysia had never been forced or pressured into signing the agreement.
â€œOn the contrary, Malaysiaâ€™s involvement in the TPPA should be seen as part of the Governmentâ€™s responsibility to ensure the country remains competitive in the global economy,â€ said the Prime Minister.
Najib said of the 12 countries which would be signing the TPPA, Malaysia was the only one presenting it to Parliament for debate and ratification.
â€œThus, it is clear that the country adheres to the principles of democracy, by ensuring that the peopleâ€™s views and concerns pertaining to the TPPA are taken into account before it is signed,â€ he said.
Elaborating further, Najib said free trade agreements such as the TPPA could not only open up markets for products and services, but could also potentially help develop businesses, create more job opportunities as well as provide more choices of products which were cheaper for Malaysians.
â€œThe good response to the TPPA by other nations clearly shows that they agree that this agreement is the best opportunity to improve and spearhead the countryâ€™s economic growth.
The motion to decide on Malaysiaâ€™s participation in the TPPA will be tabled Tuesday at a special Parliamentary sitting. â€“ Bernama