Background

Malaysia’s FTAs

Malaysia has signed 16 FTAs and implemented 14 FTAs (7 bilateral FTAs and 7 regional FTAs).

Collectively, in 2019, trade with countries covered by both the regional and bilateral FTAs accounted for 66.7% of Malaysia’s total trade or RM1.22 trillion. Exports to FTA countries amounted to RM672.1 billion while imports totaled at RM551.5 billion.

As for the first 9 months of 2020, trade with FTA partners accounted for 66.5% or RM860.6 billion. Exports amounted to RM483.29 billion, while imports totaled at RM377.31 billion.

 

Bilateral FTAs

FTA	Date of Entry into Force (EIF)
1. Malaysia-Japan Economic Partnership Agreement (MJEPA)	13 July 2006
2. Malaysia-Pakistan Closer Economic Partnership Agreement (MPCEPA)	1 January 2008
3. Malaysia-New Zealand Free Trade Agreement (MNZFTA)	1 August 2010
4. Malaysia-India Comprehensive Economic Cooperation Agreement (MICECA)	1 July 2011
5. Malaysia-Chile Free Trade Agreement (MCFTA)	25 February 2012
6. Malaysia-Australia Free Trade Agreement (MAFTA)	1 January 2013
7. Malaysia-Turkey Free Trade Agreement (MTFTA)	1 August 2015

 

Regional FTAs

FTA	Date of Entry into Force (EIF)
1. ASEAN Free Trade Area (AFTA)	1993
2. ASEAN-China Free Trade Agreement (ACFTA)	1 July 2003
3. ASEAN-Korea Free Trade Agreement (AKFTA)	1 July 2006
4. ASEAN-Japan Comprehensive Economic Partnership (AJCEP)	1 February 2009
5. ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA)	1 January 2010
6. ASEAN-India Free Trade Agreement (AIFTA)	1 January 2010
7. ASEAN-Hong Kong Free Trade Agreement (AHKFTA)	13 October 2019

 

FTAs Signed but Pending Ratification and Entry into Force

1. Regional Comprehensive Economic Partnership (RCEP) - signed on 15 November 2020

2. Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) - signed on 8 March 2018

 

FTAs Currently Negotiated

1. Malaysia-European Free Trade Association Economic Partnership Agreement (MEEPA)