Malaysia-US trade: the question of sustainability and correct policy
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The on-off-on again-off again Malaysia-US Free Trade Agreement (MUSFTA) is a proposed treaty between Malaysia and the United States of America. Initial negotiations, in fact started way back in 2005 and as all other Free Trade Agreements (FTAs), the treaty aims to liberalise each other markets to parties of the agreement and directly encourage trade between the two countries. Malaysia has a commendable and enviable economic growth and development. Our macroeconomic policies have always been designed to create a more liberalized and fair international trade environment. Though Malaysia continues to accord high priority to the rule-based multilateral trading system under the World Trade Organisation (WTO), Malaysia is also pursuing regional and bilateral trading arrangements to complement the multilateral approach to trade liberalisation.
Malaysia-US Free Trade Agreement (MUSFTA) , Free Trade Agreement (FTA) , Trade , Economic growth , Malaysia
Abdul Hamid, Baharom and Habibullah, Muzafar Shah. (2015). Malaysia-US trade: the question of sustainability and correct policy. Research Bulletin, 8. Retrieved from http://www.inceif.org/research-bulletin/malaysia-us-trade-the-question-of-sustainability-and-correct-policy/