KUALA LUMPUR – U.S. President Barack Obama arrives in Malaysia today, for his second visit in recent years. Once again, we welcome him to this great nation.
The visit of the U.S. President is focused on promoting Malaysia’s participation in the Trans-Pacific Partnership Agreement (TPPA). The TPPA is the crown jewel in the President’s ‘Asian Pivot’. It is a broad, multilateral trade agreement comprising 12 nations including the United States and Malaysia, and will most likely result in higher levels of exports of products such as vegetable oil-derived products, electronics and garments from these countries to the US. This is a worthy and important trade agreement that will help generate economic benefits for Malaysia.