Malaysia with the Trans-Pacific Partnership Agreement: Aftermath of the United States Withdrawal From the TPPA
Kamal Halili Hassan (),
Muhammad Faliq Abd Razak,
Rohaida Nordin and
Rohani Abdul Rahim
International Journal of Asian Social Science, 2018, vol. 8, issue 10, 868-880
Abstract:
The Trans-Pacific Partnership Agreement (TPPA) was a very extensive and speculative trade agreement until the withdrawal of the United States. The world economic and trade bloc was of the view that the TPPA would be the greatest ever trade agreement in the 21st century that would have brought major changes to the trading, economic, and investment sectors. TPPA issues relate to trade and also for example to labour standards, the environment, government procurement, and intellectual property rights. It has major implications to existing standards and legal framework in Malaysia, particularly on labour. Several issues have arisen following the US withdrawal from the TPPA mostly on US-Malaysia Labour Consistency Plan which requires amendments to Malaysian labour laws. The discussion in this paper focuses on the impact of the TPPA-11 (TPPA, original member states minus the United States) on the ‘Comprehensive and Progressive Agreement for Trans-Pacific Partnership’ (CPTPP) on existing Malaysian labour laws. Does Malaysia need to amend the current set of labour laws with the application of TPP-11 and CPTPP or should Malaysia maintain the existing labour framework?
Keywords: TPP-11; CPTPP; US Withdrawal; International labour standards; Malaysian labour laws. (search for similar items in EconPapers)
Date: 2018
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