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The Impact of Trans Pacific Partnership (TPP) Agreement on US and Malaysian Business’ Foreign Labour Practices
Author(s) -
Kamala Vainy Pillai,
Rajah Rasiah,
Geoffrey Lee Williams
Publication year - 2016
Publication title -
procedia - social and behavioral sciences
Language(s) - English
Resource type - Journals
ISSN - 1877-0428
DOI - 10.1016/j.sbspro.2016.05.038
Subject(s) - general partnership , milestone , political rhetoric , rhetoric , administration (probate law) , politics , political science , free trade agreement , international trade , agreement , business , economics , free trade , geography , law , linguistics , philosophy , archaeology
The Obama Administration achieved a symbolic milestone in October 2015 when the Trans Pacific Partnership (TPP) Agreement was signed among 12 nations. The total trade share between the United States (US) and TTP partners are estimated at US892.4 billion. An important implication of TPP is the explicit expectation on Malaysia to ameliorate its poignant foreign labour practices. The paper examines the extent of TPP-readiness among Malaysia and US companies in tackling foreign labour issues. Concomitantly, the feasibility of TPP's ambitious standards on labour rights or remains a political rhetoric

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