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Ministry of International Trade and Industry Malaysia Official Blog

Tag Archives: AFTA

Malaysia Sasar Eksport Lebih Banyak Produk Pertanian Ke Turki
October 13, 2015 , by admin2

KUALA LUMPUR: Perbadanan Pembangunan Perdagangan Luar Malaysia (Matrade) menyasarkan untuk meningkat eksport barangan pertanian ke Turki tahun ini, diperkukuh oleh permintaan yang semakin meningkat ke atas buah-buahan tropika di negara itu.

Pesuruhjaya Perdagangan Matrade di Istanbul Idzham Abd Hamid berkata buah-buahan tropika seperti nanas, belimbing dan buah naga, mendapat permintaan tinggi di Turki.

Istanbul kini mengimport sebagaian besar buah-buahan tropika dari Belanda.

“Kita patut merebut peluang untuk mengeksport (lebih banyak) buah-buahan tropika kita ke negara itu,” katanya kepada pemberita di uar seminar Perjanjian Perdagangan Bebas (FTA) Malaysia-Turki, di sini, Rabu.

 

Eksport utama Malaysia ke Turki bagi tempoh Januari hingga Julai 2015 terdiri daripada barangan pertanian, dengan dagangan bagi segmen itu bernilai  RM386 juta, diikuti barangan pembuatan (RM1.2 bilion) dan barangan perlombongan  (RM3.3 juta).

Seminar bertema ‘Memanfaatkan FTA...

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Mustapa: Asean on track for progressive trade liberalisation
October 13, 2015 , by admin2

Asean countries are on track for progressive liberalisation of trade within the region, covering 128 sub-sectors via the Asean Framework Agreement on Services (AFAS).

The liberalisation will boost the services sector’s contribution to the region’s gross domestic product (GDP) from the current 40% to 50%, said International Trade and Industry Minister Datuk Seri Mustapa Mohamed.

He said AFAS will be a platform for services providers to take advantage of the market openings as well as to benefit from new ideas and processes arising out of the opening of the services sector.

Efforts has been put into concluding the AFAS 10th package by year-end to provide wider and better opportunities for members in tapping the benefits of the services sector,” he said in his opening address at the inaugural Asean Service Provider Confederation (ASPC) meeting yesterday.

His speech was read by Malaysia External Trade Development Corp (Matrade) CEO Datuk Dzulkifli Mahmud. Last year, Asean...

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41st ASEAN ECONOMIC MINISTERS (AEM) MEETING
July 6, 2015 , by admin2
ASEAN Economic Ministers at their meeting in Bangkok on 13-16 August 2009 announced that the establishment of ASEAN Economic Community (AEC), especially the creation of a single market, is on track. Y.B. Dato’ Mustapa Mohamed, Minister of International Trade and Industry, led the Malaysian delegation. The ASEAN Economic Ministers noted that initiatives to create a single market have contributed to the significant increase in intra-regional and extra-ASEAN trade. Intra-ASEAN trade in 2008 was US$453 billion or 26.7% of ASEAN’s external trade. Ten years ago, intra- ASEAN trade was only US$120 billion. In 2008, ASEAN’s global trade exceeded the trillion dollar mark at US$1.69 trillion. ASEAN has also remained an attractive destination for FDI despite global challenges. ASEAN as a region has attracted investments totaling US$184.6 billion over the period 2006-2008. Internally, ASEAN is close to full integration through AFTA. A favourable environment for cross-border investment...
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SEMINAR ON OPPORTUNITIES FROM AFTA & OTHER REGIONAL FTAs
July 3, 2015 , by admin2
MATRADE in collaboration with MITI is holding a seminar today entitled “Optimising Opportunities Under AFTA & Other ASEAN Regional FTAs” from 9.00am to 1.30pm at MATRADE Hall. The objective of the seminar is to update the industry on the benefits from the FTAs that ASEAN has signed and how it could impact the way local businesses operate. It also explores how businesses can optimise opportunities that are available from the sharing of actual case studies and experiences. This seminar is among the outreach initiatives coordinated by MATRADE and MITI to develop the competency of Malaysian exporters, highlighting the market access opportunities available to them via FTAs.   Read More
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Indian High Commissioner to Malaysia Made a Courtesy Call on YB Minister
July 1, 2015 , by admin2
 
Indian High Commissioner to Malaysia, H.E. Vijay Gokhale made a courtesy call on YB Minister, Dato’ Sri Mustapa Mohamed at his office. The High Commissioner was accompanied by Mr. B.N. Reddy, the Economic and Education Counsellor of India. Read More
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16th Asean Economic Ministers’ Retreat
July 1, 2015 , by admin2
Malaysia is hosting the 16th ASEAN Economic Ministers’ Retreat on 27-28 February 2010 in Putrajaya. The Retreat is held with the objective of allowing Ministers to exchange and deliberate on strategic issues in relation to ASEAN’s internal economic integration as well as external economic relationship with Dialogue Partners. This year’s Retreat is held at a very challenging time as economies embark on recovery measures from the global financial crisis. Ministers will be deliberating on a number of issues pertaining to:
  • the full implementation of the ASEAN Free Trade Area
  • liberalisation of services under the 8 th Package for 2010
  • facilitation of investments into the region
  • gaps in creating a single market
  • future strategic direction of ASEAN over the next few years and beyond the ASEAN Economic Community (AEC) 2015  
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ASEAN Economic Ministers’ (AEM) Retreat, Putrajaya 27-28 February 2010
June 29, 2015 , by admin2
The ASEAN Economic Ministers discussed a range of issues impacting on ASEAN’s competitiveness and the ability of the region to remain as favoured destination for investors. The Ministers reviewed the progress in implementation of the ASEAN Economic Community Blueprint measures.   
Media Release  
Malaysia hosted the retreat which was held for two days at Marriot Hotel, Putrajaya

Malaysia hosted the retreat which was held for two days at Marriot Hotel, Putrajaya

 

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Malaysia’s Overall Exports Under the FTA Preferential Schemes in Q1 2010
June 26, 2015 , by admin2
Malaysia’s overall exports under the FTA preferential schemes during the first quarter 2010 have shown improvement. On 1 January 2010 Malaysia implemented ASEAN-India Free Trade Area (AIFTA) and ASEAN-Australia and New Zealand Free Trade Area (AANZFTA). During the first quarter of 2010, Malaysia issued a total of 76,929 preferential COs with exports valued at RM22 billion to ASEAN Member States, People’s Republic of China, Republic of Korea, Japan, Pakistan, India, Australia and New Zealand, registering an increase of 43.9% in the number of preferential COs and 53.2% in FOB value compared with the corresponding period of 2009. With a total FOB value of RM8.5 billion, Malaysia’s exports under AFTA recorded the highest value among the eight FTA preferential schemes in 2010. It was followed by AKFTA (RM6.2 billion), ACFTA (RM3.1 billion), MJEPA (RM1.9 billion), MPCEPA (RM1.3 billion), AJCEP (RM473 million), AANZFTA (RM365 million) and AIFTA (RM252 million). The overall export...
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Realising Asean Vision via AEC
June 25, 2015 , by admin2
Asean will continue to remain a key trading partner for Malaysia, says Abdul Rahman
Asean Economic Community (AEC) will be established in January 2015. The establishment of the AEC will enable the 10 ASEAN member countries to work hand-in-hand in making the region a dynamic business destination. To date, 3 key agreements have been implemented to enhance free flow of goods, services and investment. ASEAN countries are working on opening up the services sector and remove barriers to allow for free flow of trade in services within the region. The article by the Secretary General of MITI, Y.Bhg. Tan Sri Abdul Rahman Mamat, sheds light on Realising ASEAN vision via AEC.
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25TH ASEAN ECONOMIC MINISTERS – ASEAN FREE TRADE AREA (AEM-AFTA) COUNCIL MEETING
June 23, 2015 , by admin2
 
The 43rd ASEAN Economic Ministers (AEM) Meeting was officially declared open by H.E. Professor Dr. Boediono, Vice President of the Republic of Indonesia in Manado in Northern Sulawesi, Indonesia.Following the opening ceremony, H.E Dr.Mari Elka Pangestu, Minister of Trade Indonesia chaired the 25th ASEAN Free Trade Area (AEM-AFTA) Council Meeting, the first of the series of meetings that will be held over the next three days. The focus of the discussions by Ministers at the AFTA Council Meeting was on initiatives aimed at further facilitating trade within the region. The initiatives discussed include elimination of non-tariff barriers that impede trade, simplification of rules and procedures of doing business and enhancing use of ICT in customs clearance of goods within the region. Y.B. Dato’ Sri Mustapa Mohamed, Minister of International Trade and Industry represented Malaysia at the 25th AEM-AFTA Council Meeting. The Ministers agreed that there is a need to institute an...
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