MCA: M'sia must address TPPA issues before signing
BernamaPublished: Aug 7, 2013 10:31 AM | Updated: Aug 7, 2013 10:34 AM
It is of utmost importance that concerns over the Trans-Pacific Partnership Agreement (TPPA) be addressed before it is signed, says MCA Young Professional Bureau chairperson Chua Tee Yong.
It is of utmost importance that concerns over the Trans-Pacific Partnership Agreement (TPPA) be addressed before it is signed, says MCA Young Professional Bureau chairperson Chua Tee Yong.
"TPPA on the whole will bring benefits to Malaysia in terms of competition and can lead the country to become a developed nation.
"However, there should be a balance in the negotiations on the agreement between Malaysia and other countries to protect the interests of our people," he said in a statement today.
Chua (left) said the growth of local companies might be dampened while medical cost may rise tremendously due to prolonged patent for medicine.
This will only burden the poor and patients with long-term illness.
Business may also be affected by this in terms of possible extension of copyright terms from 50 to 100 years, he said.
"The government should organise more road shows and discussions, including in parliament, to gather feedback from law makers, industries and public before the next negotiation.
"A more transparent approach should be taken by the government in this issue and all concerns of the people and the country's sovereignty should be addressed and protected before the TPPA is signed and pursued," he added.
- Bernama
"TPPA on the whole will bring benefits to Malaysia in terms of competition and can lead the country to become a developed nation.
"However, there should be a balance in the negotiations on the agreement between Malaysia and other countries to protect the interests of our people," he said in a statement today.Chua (left) said the growth of local companies might be dampened while medical cost may rise tremendously due to prolonged patent for medicine.
This will only burden the poor and patients with long-term illness.
Business may also be affected by this in terms of possible extension of copyright terms from 50 to 100 years, he said.
"The government should organise more road shows and discussions, including in parliament, to gather feedback from law makers, industries and public before the next negotiation.
"A more transparent approach should be taken by the government in this issue and all concerns of the people and the country's sovereignty should be addressed and protected before the TPPA is signed and pursued," he added.
- Bernama
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