The Institute for Democracy and Economic Affairs (IDEAS) and South East Asia Network for Development (SEANET)hosted a forum on the Trans-Pacific Partnership Agreement (TPPA) last May 7, 2015 in Kuala Lumpur, Malaysia.
Below, good audience, SRO with high media coverage. Both photos from SEANET facebook page.
The Star in KL reported this last May 8:
Mr. Majid is correct in saying that Malaysia, or any other Asian country being invited in TPP (US-led) and/or RCEP (China-led) should not rely on either trade alliances in setting its trade and economic policies. He is also correct in saying that membership in the TPP would force all would-be member-countries to become more transparent, like having a competition law. Governments of mother multinational companies (and there are so many MNCs now) need to know how their companies will be treated in case they will be hauled to courts for "anti-competition" accusations and harassment.
A country or economy can leapfrog these trade alliances via unilateral liberalization in trade (goods and services) and investments. It automatically creates good will to all other countries, and gives its local consumers and producers huge freedom where to buy and sell, at competitive prices and good qualities.