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  jata  Malaysia's Free Trade Agreements

 
FAQ
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Benefits

For trade in goods, FTA benefits our exporters through the preferential treatment and market access. Exporters will also enjoy cost savings from elimination or reduction of customs duties and from mutual recognition agreements, trade facilitating customs procedures and removal of onerous regulations.

Elimination of import duties offered by the FTA partner countries:

Regional FTAs

Percentage of the tariff lines with duty eliminated / year

ASEAN (ATIGA)

100% (2010) for 6 ASEAN countries
5%  for Cambodia, Laos, Myanmar, Vietnam (2015)

ASEAN-Australia-New Zealand (AANZFTA)

100% (2020)

ASEAN-China (ACFTA)

92.8% (2012)

ASEAN-Japan (AJFTA)

90% (2012)

ASEAN-Korea (AKFTA)

100% (2010)

 

Bilateral FTAs

Percentage of the tariff lines with duty eliminated /year

Malaysia-Australia (MAFTA)

100% (2013)

Malaysia-Japan(MJEPA)

79% (2012)

Malaysia-India(MICECA)

74.5% (2019)

Malaysia- New Zealand (MNZFTA)

90.5% (2013)

Malaysia-Chile (MCFTA)

90.5% (2014)

Malaysia-Pakistan (MPCEPA)

48.8% (2014)

 

For service providers, FTAs provide improved market access for various commercial and professional services from Malaysia.

Consumers, manufacturers, importers and producers also benefit from FTAs through better value and quality of goods and services with broader choices of product and services offered through FTA.

FTA also provide for easier entry for businessmen as well as more predictable terms for investment in the FTA partner country.



Last Updated 2016-05-20 15:15:02 by Fauziah Osman

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