TPPA : Malaysia Is Not For Sale

On february 28, 2012, in contrast, more than 100 prominet economists from around rge Asia-pacific warned in a letter to the ministers of foreign affairs and international trade of the respective governments of region of the dangers that such provisions ad those contained in the TPPA would pose to their economies.

In calling for officials to ensure that their governments did not preclude, or impose sanctions againt, the use of capital controls, they recounted that many bodies - including the International Monetary Fund - had reversed their earlier stance on the issue and conceded that capital controls contirbute towards helping economies to prevent some of the 'growth outcomes' associated with financial crises.

Based on previous US FTAs which are all very similar, if the TPPA is signed, Malaysia will have to make a number of changes to its laws including to allow : patents on more medicines, the patent to last for longer and monopolies for a number of years even when there are no patents via 'data exclusivity', none of which are required by TRIPS.