Malaysia should ratify RCEP soon, economist says


Ragananthini Vethasalam

Economist Lee Heng Guie expects the Regional Comprehensive Economic Partnership to be a game changer for Malaysia. - The Malaysian Insight file pic, July 22, 2021.

MALAYSIA should ratify the Regional Comprehensive Economic Partnership (RCEP) as soon as possible as the country will only stand to gain from the world’s largest trade deal, economist Lee Heng Guie said today.
 
The executive director of the Socio-Economic Research Centre (SERC) said the deal would be a game changer for Malaysia, which is set to be the seventh largest trading partner in the grouping of 15 nations.

“We urge the government to quickly ratify the RCEP,” Lee told reporters at the think tank’s quarterly economic briefing.


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