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Malaysia aims inking regional trade pact

Moody's expects country to gain most from just-signed Pacific-rim trade deal

Malaysia's recent data resonates with a slump in Singapore's exports, now in its fourth consecutive month of decline.   © Reuters

KUALA LUMPUR (Nikkei Markets) -- Malaysia, fresh from signing a free trade pact involving 11 Pacific-rim countries, will now focus on concluding talks on Regional Comprehensive Economic Partnership, or RCEP to help secure new growth engines for the trade-reliant economy.

The government has already begun taking steps to amend laws to pave way for implementation of Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) "as early as possible," International Trade Minister Mustapa Mohamed said in a statement.

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