Malaysia to benefit from UK signing trade agreement, says Tengku Zafrul

WITH the UK agreeing to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), Malaysian exporters will stand to benefit from preferential access to the British market, International Trade and Industry Minister Tengku Zafrul Abdul Aziz said.

He said upon implementation of the agreement, the UK will eliminate import duties for a wide range of products including palm oil, cocoa, rubber, electrical and electronic goods, and chemicals, which are of significant export interest to Malaysia.