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background
OFFICIAL PORTAL OF THE

MINISTRY OF INVESTMENT, TRADE AND INDUSTRY

Glossary

PSR

Product Specific Rules - Rules used to specify that the materials have undergone change in tariff classification or a specific manufacturing process. [read more]

CEPT

The Common Effective Preferential Tariff (CEPT Scheme)- was established as the mechanism to reduce and eliminate import duties in ASEAN. [read more]

CLMV

Cambodia Lao PDR Myanmar Viet Nam - Is an acronym refers to the four newer members of ASEAN namely Cambodia, Lao PDR, Myanmar and Viet Nam. Since Viet Nam is now a developing country, there is a preference to use CLM when referring to the Least ... [read more]

Shipbuilding

Designing, building and construction of all types of floating vessels [read more]

COPs

Conference of the Parties - is the governing body of international conventions such as Rotterdam, Stockholm and Minamata Convention. [read more]

CPC

A Customs Procedure Code (CPC)- is used for both imports and exports to identify the nature of the movement of the goods. It is made up of three pairs of numbers and each pair identifies the applied procedure, the previous procedure (if applicable) ... [read more]

Services

The service sector, also called the tertiary sector, is one of the three parts of the economy in the Three-sector hypothesis. This hypothesis breaks the economy into three main areas so it can be better understood. The other two are the primary ... [read more]

CREST

Collaborative Research in Engineering, Science and Technology - An industry-led agent that catalyzes on the growth of Malaysia's E&E industry by creating a vibrant R&D ecosystem. [read more]

CRC

Cold Rolled Coil - hot rolled steel that will undergo further process. The steel is processed further in cold reduction mills, where the material is cooled (at room temperature) followed by annealing and/or tempers rolling [read more]

CSOM

Concluding Senior Officials’ Meeting - the final meeting of the Senior Officials’ Meetings held every year on the threshold of APEC Ministers’ Meeting (AMM) and APEC Leaders’ Meeting. It concludes all activities ... [read more]

Safeguard Measures

Action taken to protect a specific industry from an unexpected build-up of imports - generally governed by Article 19 of GATT. The Agriculture Agreement and Textiles and Clothing Agreement have different specific types of safeguards: “special ... [read more]

CTC

Change in Tariff Classification - Used to specify that a product has been undergone a process and the change at 4-digit level. [read more]

CTI

Committee on Trade and Investment - mandated to act as a coordinator of APEC in trade and investment liberalization and facilitation, CTI oversees eight sub-groups and three industry dialogues in implementing cooperative actions outlined in the ... [read more]

COO

Certificate of Origin - Means a document issues by the Issuing Authority specifies the details of the origin of the goods or materials. [read more]

Rotterdam Convention

A legally binding obligation for the implementation of PIC procedure on chemical trade. [read more]

 

CONTACT US
Ministry of Investment, Trade and Industry
Menara MITI, No.7,
Jalan Sultan Haji Ahmad Shah,
50480 Kuala Lumpur, Malaysia.
Tel: 603-8000 8000 | Fax: 03-6026 4693
Email: webmiti[@]miti.gov.my
 
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