Related Keywords: assuming all tariffs are eliminated, due to higher manufacturing exports, first decade of TPPA implementation, gain in GDP, increase in investments, Malaysian particiapation in TPPA, Malaysian textile sector, NTMs, PwC study indicates, register largest gains in exports, rise in exports
Malaysia’s participation in the Trans-Pacific Partnership Agreement (TPPA) would not only see rise in exports by 0.54 percent to 0.9 percent in 2027 mainly due to higher manufacturing exports but increase investments by an additional US$136 billion to US$239 billion over 2018-2027. It is projected to achieve a cumulative gain in gross domestic product (GDP) of US$107 billion (RM458.9 billion) to US$211 billion over 2018-2027, the PricewaterhouseCoopers (PwC) study indicated.