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Miti to examine US trade deal for potential unfair clauses


Johari Ghani
Titiwangsa MP Johari Ghani has been tasked with helming the investment, trade and industry ministry after a Cabinet reshuffle which saw him move from his former position as plantation and commodities minister. (Facebook pic)
PETALING JAYA:

Investment, trade and industry minister Johari Ghani said today his ministry will examine the recent trade deal Malaysia signed with the US, and pursue renegotiation if any terms are found to be against the country’s interests.

“We cannot back out from what we have already agreed on,” he told reporters after officially clocking in for the first time at the ministry today.

“But we want to go through any parts of the deal which we feel are unfair so that we can renegotiate them.”

Critics of the trade agreement Malaysia signed with the US on Oct 26 claim it will undermine the country’s economic sovereignty as it forces Putrajaya to follow Washington’s rules and regulations surrounding trade and investment.

Among those against the…

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