Wednesday, April 25, 2012

US TRADE CHIEF SEES MALAYSIA AS INVESTMENT MAGNET

Putrajaya: US trade chief Ron Kirk described Malaysia as a magnet for investments and its ongoing economic transformation plan enhances its attractiveness.



And, the benefit of that all is the Malaysian people, he said.

American businesses want to be in Malaysia as they are comfortable in this country, which is one of the reasons that the US wants to engage with Malaysia in the multilateral Trans Pacific Partnership free-trade agreement.

“We heard from businesses here that if we can do this well with the structured engagement that we have now, imagine how dynamic it would be if it’s fully liberalised,” he said in an interview with Business Times yesterday.



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