November 16, 2006
Nov. 16 (Bloomberg) — Malaysia must offer government contracts equally to local and U.S. companies to seal a free- trade accord next year, said the head of the U.S. delegation negotiating the agreement.
An inclusion of government procurement in a free-trade agreement with Malaysia would offer U.S. companies such as Microsoft Corp. and General Electric Co. greater access to Malaysia’s $131 billion economy, Southeast Asia’s third-largest. The U.S. is Malaysia’s largest trading partner, with about $44 billion in dealings between the two nations last year.
hmm…now foreigners have more demands than a non-bumiputera local.Trackback