KOTA BAHARU, March 1 (Bernama) — Member countries will continuously reduce non-tariff measures and non-tariff barriers for freer intra ASEAN trade, said International Trade and Industry Minister Datuk Seri Mustapa Mohamed Sunday.
Mustapa said 69 non-tariff measures had been identified, and of this, 45 had been resolved.
“We have decided to make more progress. We have identified many more and we will try to resolve those,” he told a press conference on the final day of the 21st ASEAN Economic Ministers’ Retreat (AEM) here.
The Economic Ministers also proposed to form a mechanism to deal with non-tariff measures in facilitating the movement of businesses within the region.
“We are looking at a formal platform. We are talking to the European Union, to see how we can share best practices with them,” said Mustapa.
ASEAN Deputy Secretary General for the ASEAN Economic Community Dr Lim Hong Hin said a systematic mechanism would be developed to allow the private...
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June 15, 2015 , by admin2
KOTA BAHARU, March 1 (BERNAMA) — ASEAN economic ministers (AEM) today wrapped up their two-day retreat here with a steady progress made towards implementing the ASEAN Economic Community (AEC) Blueprint, particularly key measures prioritised by member states.
As the regional grouping moves towards the tail-end of the AEC implementation, it has progressively removed trade obstacles such as Non-Tariff Barriers (NTB), which are a clear impediment towards the realisation of the AEC.
“There are a number of highlights (achieved) during this retreat. We’d talked about NTBs, listened to reports on the progress of the economic integration, and spent a lot of time on the Regional Comprehensive Economic Partnership (RCEP),” International Trade and Industry Minister Datuk Seri Mustapa Mohamed told reporters on the final day of the two-day 21st ASEAN Economic Ministers’ Retreat (AEM) here, Sunday.
Mustapa, who chaired the retreat, said eliminating non-tariff barriers is very...
Read MoreJune 15, 2015 , by admin2
KOTA BHARU: Negara anggota ASEAN akan terus mengurangkan langkah-langkah dan halangan bukan tarif untuk perdagangan yang lebih bebas di dalam pertubuhan serantau itu, kata Menteri Perdagangan Antarabangsa dan Industri, Datuk Seri Mustapa Mohamed hari ini.
Bercakap kepada pemberita, Datuk Seri Mustapa menyatakan langkah bukan tarif telah dikenal pasti dan 45 daripadanya telah ditangani.Kami telah membuat keputusan untuk berusaha ke atas langkah dan halangan bukan tarif dan cuba menyelesaikan lebih banyak lagi,ketika di sidang akhbar pada hari terakhir Pemukiman Menteri-Menteri Ekonomi ASEAN (AEM) Ke-21 di sini, hari ini.Menteri ekonomi terbabit juga mencadangkan pembentukan mekanisme untuk menangani langkah bukan tarif bagi memudahkan pergerakan perniagaan di dalam rantau berkenaan.Kami sedang meneliti satu platform rasmi. Kami sedang berbincang dengan Kesatuan Eropah untuk melihat bagaimana kami boleh berkongsi amalan terbaik daripada mereka.
Timbalan Setiausaha Agung ASEAN...
Read MoreJune 15, 2015 , by admin2
Kota Bharu: Negara anggota Asean akan membincangkan lebih terperinci mengenai cadangan penubuhan Bank Mikro Asean bagi membantu perusahaan mikro mengembangkan perniagaan masing-masing.
Menteri Perdagangan Antarabangsa dan Industri (Miti), Datuk Seri Mustapa Mohamed berkata, Bank Mikro itu dijangka dapat memberi kemudahan kepada perusahaan mikro yang ingin meluaskan perniagaan dalam rantau Asean.
Beliau berkata, operasi Bank Mikro Asean itu akan berlainan dengan bank sedia ada dalam kalangan negara anggota, namun ia akan mempraktikkan garis panduan yang sama.“Cadangan ini sudah diusulkan menerusi Majlis Penasihat Perniagaan ASEAN (ABAC). Bagaimanapun, belum ada sebarang keputusan dibuat kerana kami akan membincangkannya lebih lanjut pada mesyuarat yang akan berlangsung di Jakarta, April ini.“Banyak perbincangan yang sudah dibuat untuk merealisasikan Bank Mikro Asean ini dan ia juga akan mengetengahkan pentingnya dagangan sempadan dalam memacu peluasan dagangan sesama anggota...
Read MoreJune 15, 2015 , by admin2
KUALA LUMPUR: The Malaysian Investment Development Authority (Mida) which will be organising a series of global supply chain conferences throughout the year, yesterday hosted an aerospace and commercial supplier conference to spur further investments in the aerospace industry.
Mida’s CEO Datuk Azman Mahmud (pix) said the conference is part of its initiatives to increase investments in the aerospace sector, given that projects approved involving manufacturing and maintenance, repair, operations (MRO) last year stood at RM682 million, compared with RM387.3 million in 2013.
“This is also part of our effort in promoting Malaysia as an investment destination for aerospace. We will have a forum on the aviation industry during the Langkawi International Maritime and Aerospace Exhibition (LIMA) March 18, 2015, which will be officiated by the International Trade Minister Datuk Seri Mustapa Mohamed,” Azman told reporters at the aerospace and commercial supplier conference 2015... Read More
June 15, 2015 , by admin2
The Economic Wrap-Up session held in Sasana Kijang organised by the Performance and Management Delivery Unit (PEMANDU) recently featured Dato’ Sri Idris Jala, CEO of PEMANDU and Minister in the Prime Minister’s Department, fellow Minister in the Prime Minister’s Department Dato’ Sri Abdul Wahid Omar, and Dato’ Sri Mustapa Mohamad, Minister of International Trade and Industry.
The session brought home the point that while Malaysia’s economy was in good shape throughout 2014, several areas still remain to be improved before the nation can fulfil its aspiration of becoming a high-income developed country by 2020.
Dato’ Sri Mustapa, in his concluding remarks, reminded the audience that everyone needed to work together in order to make 2015 a success, as it would most likely turn out to be a challenging year.
The way forward for Malaysia
Dato’ Sri Idris reiterated the need to remain focused on completing existing projects and not to keep brainstorming new ones. “If...
Read MoreJune 15, 2015 , by admin2
"LANGKAWI 6 Mac - Penglibatan lebih banyak pemain sektor komersial pada Pameran Maritim dan Aeroangkasa Antarabangsa Langkawi 2015 (LIMA’15) mampu meningkatkan lagi kedudukan industri pertahanan sebagai aspek penting ekonomi negara, kata Menteri Pertahanan, Datuk Seri Hishammuddin Tun Hussein.
Beliau berkata, penglibatan secara langsung buat kali pertamanya Kementerian Perdagangan Antarabangsa dan Industri dan Kementerian Pengangkutan pada LIMA kali ini telah menarik lebih ramai pemain sektor komersial.
“Ini merupakan pendekatan yang wajar dalam (penganjuran) LIMA akan datang (untuk mengimbangi) nisbah di antara aset-aset ketenteraan dan aset-aset komersial dan juga melihat kepada industri pertahanan itu sebagai satu pemangkin kepada pengukuhan ekonomi kita pada masa masa akan datang,” katanya.
Hishammuddin berkata demikian dalam sidang media selepas mempengerusikan Mesyuarat Kedua Jawatankuasa Penyelarasan LIMA’15 Peringkat Menteri di sini, hari ini.
Menurutnya...
Read MoreJune 15, 2015 , by admin2
KUALA LUMPUR: The National Export Council has planned a roadmap to boost Malaysia’s competitiveness in the international market.
The government-backed body held its first meeting in Putrajaya chaired by Prime Minister Datuk Seri Najib Razak to put in place the comprehensive roadmap to enhance the nation’s exports amid uncertainties in the global market.
The council, which was set up in December, said the planned initiatives will address the gaps in the export eco-system.
“It will deepen market access for exporters through market linkers, industry specialists and specialised promotion programmes,” it said in a statement.
Small and medium enterprises (SMEs) will also be included and the resilient ones will be “internationalised” through customised programmes such as Go-Ex.
The contribution by SMEs to export is still relatively small at 16.9 per cent and is earmarked to grow to a target of 25 per cent by 2020.
The council also intends to ramp up exports through... Read More
June 15, 2015 , by admin2
KUALA LUMPUR, March 12 (Bernama) — Tenaga Nasional Bhd (TNB) has appointed nine strategic suppliers from its Bumiputera Vendor Development Programme launched in 1994.
Chief procurement officer, Syed Abu Hanifah Syed Alwi, said the period of appointment of the companies was for two years or equivalent to a procurement cycle.
“After today’s appointments, we will continue to evaluate the performance of the nine companies. If they perform at the expected level then the period of appointment would be extended again.
“In terms of time limit, if they continue to meet TNB’s requirements then I can say that the appointments would not have a set period of time,” he said after the appointment ceremony here today.
Abu Hanifah said the selection of vendors as a strategic suppliers was based on the company’s merit, performance and qualifications.
Minister of International Trade and Industry Datuk Seri Mustapa Mohamed officiated the ceremony.
Tags: AEC, AFTA, ASEAN, Asean... Read More