Home / Knowledge / News / Textiles / TPP will raise Malaysia's textile exports by 20%: MTMA
TPP will raise Malaysia's textile exports by 20%: MTMA
Jul '13
The textile and apparel exports from the Southeast Asian of Malaysia would rise by 20 percent once the currently negotiated Trans-Pacific Partnership (TPP) agreement becomes a reality, the Malaysian Textile Manufacturers Association (MTMA) has said.
The TPP agreement would result in elimination of duties on Malaysian textiles and garments and consumers in the negotiating countries would find Malaysian products more competitive, MTMA said in a statement.
In 2012, Malaysian textile and clothing exports to TPP negotiating countries amounted to RM3.3 billion, and once the agreement comes into force, the member countries would lower their import duties for Malaysian products, Malaysian news agency Bernama reported.
Malaysia is now considered one of the top suppliers in the region due to its quality and timely shipment, the statement said.
The association said the TPP negotiations are taking place at an opportune time, as the global textile and clothing industry is becoming more competitive.
The 18th round of negotiations for TPP are scheduled to take place in Sabah province of Malaysia from July 15-25, 2013, and the member countries intend to complete negotiations by year-end.
The textile and garment industry is the 12th largest foreign exchange earner for Malaysia, involving 2,300 companies that together employ more than 80,000 people.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 24th Oct 2016

Indian govt plans roadshows to promote textile exports

The Indian government has planned to conduct roadshows to boost the...

Textiles | On 24th Oct 2016

TPP may hit roadblock

The 12-member Trans-Pacific Partnership (TPP) that was signed earlier ...

Textiles | On 24th Oct 2016

Baba Ramdev’s Patanjali to enter textile manufacturing

Patanjali Ayurved, an enterprise initiated by yoga guru Baba Ramdev,...

Interviews View All

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search