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background
OFFICIAL PORTAL OF THE

MINISTRY OF INVESTMENT, TRADE AND INDUSTRY

Glossary

APEC

Asia-Pacific Economic Cooperation - a forum for 21 Pacific-rim member economies that seeks to promote open trade and practical economic cooperation throughout the Asia-Pacific region. Cooperation is based on three pillars: trade and investment ... [read more]

ASEAN

Association of Southeast Asian Nations - the aims and purposes are to accelerate economic growth, social progress and cultural development; to strengthen cooperation and mutual assistance; and to ensure peace and stability in the region ... [read more]

ASEAN+3

ASEAN+China, Japan and Korea [read more]

ASEAN-HK

ASEAN-Hong Kong Free Trade Agreement [read more]

ASW

ASEAN Single Window - a unique regional initiative that connects and integrates National Single Windows of Member States. The objective is to expedite cargo clearance within ASEAN. [read more]

ATIGA

ASEAN Trade in Goods Agreement - The ATIGA was implemented in 2010 as to replace the old CEPT Scheme which was established back in 1993. The ATIGA is a comprehensive agreement for trade in goods in ASEAN which includes trade facilitation measures ... [read more]

CLMV

Cambodia, Lao PDR, Myanmar, & Viet Nam [read more]

CTC

Change in HS Tariff Chapter – 2 digit level. [read more]

CTH

Change in HS Tariff Heading – 4 digit level. [read more]

CTSH

Change in HS Tariff Sub-heading – 6 digit level. [read more]

DDA

Doha Development Agenda, sometimes Doha Round. Unofficial name of the Doha Work Programme on negotiations and implementation. [read more]

De minimis

Minimal amounts of domestic support that are allowed even though they distort trade — up to 5% of the value of production for developed countries, 10% for developing. [read more]

FDI

Foreign direct investment (FDI) - is an investment made by a company or individual in one country in business interests in another country, in the form of either establishing business operations or acquiring business assets in the ... [read more]

FOB

Freight on Board - The free-on-board value determined by the value of the materials; production cost; profit; and other costs. [read more]

FTA

Free Trade Agreement – an agreement between two or more countries with the aim of liberalising the trade of goods and services and access to investment between those countries. An FTA does this by removing barriers to trade, such as ... [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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