The Ministry of International Trade and Industry (MITI) hosted a Consultation Session on The Comprehensive & Progressive Agreement for Trans-Pacific Partnership (CPTPP) with Sectoral Industry Groups on 5 October 2021, which was chaired by Ms Arividya Arimuthu, CPTPP Chief Negotiator/ Senior Director for Strategic Negotiations Division, MITI.

MITI is pleased to note that in principle, there is no objection for Malaysia to ratify the CPTPP, from the Machinery & Equipment and E&E Sectors, which were represented by Machinery and Engineering Industries Federation (MEIF), Machinery and Equipment Manufacturers Association (MEMA), Malaysian Special Tooling and Machining Association (MSTMA), Malaysia Automation Technology Association (MATA), Malaysia Aerospace Industry Association (MAIA), Small and Medium Enterprises Association (SAMENTA), Mobile Crane Owners Association (MMCOA1987), The Electrical and Electronics Association of Malaysia (TEEAM), and SME Association of Malaysia.

However, the Sectoral Industry Groups highlighted that there are some concerns that the Government needs to address in order to improve the preparedness of SMEs to ensure that they can reap the full benefits of the CPTPP once it is implemented. In this regard, MITI recognises the urgent concerns and the Ministry will work closely with the Ministry of Entrepreneur Development and Cooperatives (MEDAC) and SME Corp to progress work on this front.  MITI looks forward to continue working closely with the Sectoral Industry Groups.