The inaugural implementation of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) between the United Kingdom and Malaysia is poised to open significant avenues for Malaysian exporters, particularly small and medium-sized enterprises (SMEs), to enter and compete in the UK market.
Malaysia’s Minister of Investment, Trade and Industry, Tengku Datuk Seri Zafrul Abdul Aziz, confirmed that the potential economic impact of the agreement was a central topic during recent discussions with UK Secretary of State for Foreign, Commonwealth and Development Affairs, David Lammy.
“Together, we could drive economic growth, which is resilient and innovative,” Zafrul stated on the social media platform X on Saturday.
The announcement follows a courtesy call on Friday by David Lammy to Prime Minister Datuk Seri Anwar Ibrahim. The visit comes as part of broader efforts to deepen bilateral cooperation, following the elevation of UK-Malaysia ties to a strategic partnership after Anwar’s meeting with UK Prime Minister Keir Starmer in January.
In a separate post on X, Prime Minister Anwar welcomed enhanced collaboration between the two nations across multiple sectors, including investment, energy transition, education, climate change, defence, digitalisation and artificial intelligence.
-Bernama
