Department for Business and Trade written question – answered at on 23 June 2023.
Andrew Rosindell
Conservative, Romford
To ask the Secretary of State for Business and Trade, what steps her Department plans to take to enhance trade relations with Malaysia.
Nigel Huddleston
Minister of State (Department for Business and Trade)
In March 2023, the Government announced the substantial conclusion of negotiations on the UK’s accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Once the agreement enters into force, the UK will have its first formal trade agreement with Malaysia, and we will work with Malaysia to help businesses realise the benefits of CPTPP. Our inaugural bilateral Joint Economic Trade Committee (JETCO) is planned for later this year, through which we will seek to promote and enhance trade, investment and economic cooperation between the UK and Malaysia, including addressing trade barriers affecting business between the two countries.
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