The Malaysia-International Chinese Business Forum (MICBF), held from 1-3 December with the theme “Forging Connectivity, Sharing Prosperity”, attracted more than 700 local and foreign business leaders. The main objectives of MICBF were to: • promote Malaysia as the preferred destination for foreign investment; and • facilitate investment partnership in promoted activities and projects. MITI Minsiter officiated the forum and led a special dialogue session with participants from China, Hong Kong, Taiwan and Singapore. It must be noted that Malaysia’s trade with these four economies amounted to US$92.6 billion in 2009 , making up one third of the country’s total trade . Among the issues discussed include improving the implementation of  Malaysian foreign labour policy, visas for expatriates and foreign professionals and investment in Terengganu and East Malaysia. The outcome of the forum also suggested that the...

Y.B. Dato' Mustapa Mohamed

On 28 April 2011, Malaysia signed an agreement with the People’s Republic of China (PRC) to expand and deepen the existing economic and trade cooperation. The agreement was inked by Minister of International Trade and Industry, YB Dato’ Sri Mustapa Mohamed and Chinese Minister of Commerce, H.E. Chen Deming and witnessed by Prime Minister YAB Dato’ Sri Najib Tun Razak and Chinese Premier H.E. Wen Jiabao who was on official visit to Malaysia. The agreement allows for better coordination of cooperation projects that involve various Ministries and Government agencies. It will help to reinforce and complement the existing engagements established by the respective ministries of both countries. One of the main features of the agreement is the establishment of an Economic Cooperation Working Group (ECWG) which consists of Government officials of both countries. The Working Group will be tasked to identify specific sectoral investment and cooperation...

 

MEDIA RELEASE

INITIATION OF INVESTIGATION ON ANTI-DUMPING CONCERNING IMPORTS OF STEEL WIRE RODS ORIGINATING IN OR EXPORTED FROM CHINESE TAIPEI, THE PEOPLE’S REPUBLIC OF CHINA, THE REPUBLIC OF INDONESIA, THE REPUBLIC OF KOREA AND THE REPUBLIC OF TURKEY The Government of Malaysia has received from a domestic producer a petition for the imposition of anti-dumping duty on imports of steel wire rods. The petitioner alleges that imports of steel wire rods originating in or exported from Chinese Taipei, the People’s Republic of China, the Republic of Indonesia, the Republic of Korea and the Republic of Turkey are being brought into Malaysia at a price much lower than the price in the domestic market of the alleged countries. The petitioner claims that this is causing material injury to the domestic industry in Malaysia. The petitioner further claims that imports from the alleged countries have increased in terms of absolute quantity.  As a result, the petitioner has suffered...

PERMULAAN PENYIASATAN ANTI-LAMBAKAN MENGENAI IMPORT ROD DAWAI KELULI YANG BERASAL ATAU DIEKSPORT DARI CHINESE TAIPEI, REPUBLIK RAKYAT CHINA, REPUBLIK INDONESIA, REPUBLIK KOREA DAN REPUBLIK TURKI Kerajaan Malaysia telah menerima satu petisyen daripada pengeluar tempatan bagi mengenakan duti anti-lambakan ke atas pengimportan rod dawai keluli. Pempetisyen mendakwa rod dawai keluli yang diimport dari Chinese Taipei, Republik Rakyat China, Republik Indonesia, Republik Korea dan Republik Turki di bawa masuk ke Malaysia dengan harga yang lebih rendah daripada yang dijual di pasaran domestik negara-negara tersebut. Pempetisyen mendakwa lambakan import telah menyebabkan kemudaratan material kepada industri tempatan di Malaysia. Pempetisyen mendakwa bahawa import dari negara-negara tersebut telah meningkat dari segi jumlah kuantiti mutlak. Akibatnya, pempetisyen telah mengalami kemudaratan melalui kesan lambakan, antara lain, pemotongan harga, penyekatan harga,...

MISI pelaburan dan perdagangan Menteri Perdagangan Antarabangsa dan Industri, Datuk Seri Mustapa Mohamed ke Bangladesh dan India selama enam hari bermula hari ini, bakal mengukuhkan lagi hubungan erat antara Malaysia, Bangladesh dan India. Misi kali ini tertumpu kepada sektor-sektor atau peluang-peluang baharu yang boleh diterokai oleh pelabur Malaysia di negara terbabit, selain usaha menarik khususnya syarikat-syarikat India melabur atau menanam modal di Malaysia. Bagi Malaysia, India dengan penduduk seramai 1.22 bilion orang pada tahun 2013, dan Keluaran Dalam Negara Kasar (GDP) sebanyak AS$1.758 trilion (RM6.261 trilion) serta perkapita AS$4,000 (RM14,246), merupakan rakan dagang yang penting. Sejak tahun 1998, India merupakan pasaran eksport terbesar negara di rantau Asia Selatan. India juga merupakan rakan dagangan ke-10 terbesar Malaysia, destinasi eksport ke-10 terbesar dan sumber import ke-12 terbesar. Pada 2013, jumlah dagangan antara Malaysia-India bernilai AS$13.38...

NEW DELHI, Jan 14 (Bernama) — Minister of International Trade and Industry Datuk Seri Mustapa Mohamed is leading a three-day trade and investment mission to India starting on Wednesday and is scheduled to participate at the Confederation of Indian Industry (CII) Partnership Summit 2015. The minister is set to have several business meetings with potential investors from India as well as Malaysian businesses that already have an establishment here. Mustapa will deliver a special address at a seminar entitled “India-Malaysia Trade and Economic Cooperation in the Context of Indian Economy Dynamism and India’s Act East Policy” in New Delhi organised by Research and Information System for Developing Countries (RIS). RIS is a think-tank under India’s Ministry of External Affairs envisioned as a forum for fostering effective policy dialogue and capacity-building among developing countries on international economic issues. The focus of the work programme of RIS is to promote...