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The 2016 APEC Ministerial Meeting held in Lima, Peru
November 22, 2016 , by

Dato’ Sri Mustapa Mohamed, YB Minister of International Trade and Industry attended the 2016 APECMinisterial Meeting held in Lima, Peru from 17 - 18 November 2016. Under the theme of Quality Growth and Human Development APEC Ministers exchanged views on the state of the regional and global economy and how, against this backdrop, APEC can promote voluntary reforms in support of free trade and capital mobility, boost SMEs’ internationalization and participation in global value chains; and adopt shared goals to maximize the opportunities offered by digital trade, services and the knowledge economy.

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YOUTH GIVEN OPPORTUNITY TO WORK WITH LEADING EMPLOYERS IN APEC ECONOMIES
October 20, 2016 , by
Minister of International Trade and Industry YB Dato’ Sri Mustapa Mohamed launched the inaugural MyAPEC YouthConnect programme on 18 October 2016 in MITI. A collaboration between Ministry of International Trade and Industry (MITI) and Talent Corporation Malaysia (TalentCorp), MyAPEC YouthConnect aims to nurture Malaysia’s talent to be more internationally dynamic and competitive, while positioning Malaysia as a key talent destination through leveraging the integration of economies in the Asia-Pacific region. MyAPEC YouthConnect is open to top talent from the APEC region between the ages of 21 to 30. These high-performing talent must hold a bachelor’s degree with minimum CGPA of 3.0 or second class upper. Applicants must also have excellent command of English with good communication skills. Successful talent will have the opportunity to work in an APEC economy between four to twelve months. Under the programme, youth from other APEC economies can be placed with leading...
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STUDY VISIT BY MINISTERIAL DELEGATION FROM CÔTE D'IVOIRE (IVORY COAST) AND THE UNDP 26 SEPTEMBER 2016
September 27, 2016 , by
 
YB Minister II of Ministry of International Trade and Industry (MITI), YB Dato’ Seri Ong Ka Chuan on 26 September 2016 received a courtesy call from H.E. Mrs. Niale Kaba, Minister of Planning and Development of Côte d’Ivoire, accompanied by officials from the Ministry of Planning and Development, Presidency of the Republic, Public Investments Programme of Côte d’Ivoire, as well as officials from the United Nation Development Programme (UNDP) Resident Representative in Malaysia and Côte d’Ivoire at Menara MITI, Kuala Lumpur. The courtesy call is part of their study visit programme to Malaysia to learn Malaysia’s experiences in driving the government and nation’s economic transformation, as well as their preparation for the Second International Conference on the Emergence of Africa in 2017.   YB Dato’ Seri Ong Ka Chuan shared Malaysia’s involvement in economic cooperation such as ASEAN and APEC, liberalisation initiatives under Free Trade Agreements...
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LAWATAN DELEGASI MENTERI DARI CÔTE D'IVOIRE (IVORY COAST) DAN UNDP 26 SEPTEMBER 2016
September 27, 2016 , by
YB Menteri II Kementerian Perdagangan Antarabangsa dan Industri (MITI), YB Dato' Seri Ong Ka Chuan telah menerima kunjungan hormat daripada TYT Puan Niale Kaba, Menteri Perancangan dan Pembangunan Côte d'Ivoire, diiringi oleh pegawai-pegawai dari Kementerian Perancangan dan Pembangunan, Pejabat Presiden Republik, Program Pelaburan Awam, Côte d'Ivoire, serta pegawai-pegawai Perwakilan Tetap United Nation Development Programme (UNDP) di Malaysia dan Côte d'Ivoire pada 26 September 2016 di Menara MITI, Kuala Lumpur. Kunjungan hormat tersebut merupakan sebahagian daripada program lawatan sambil belajar mereka ke Malaysia untuk menimba pengalaman Malaysia dalam memacu transformasi kerajaan dan ekonomi negara, serta sebagai persediaan untuk menganjurkan International Conference on the Emergence of Africa Kedua pada tahun 2017.   YB Dato' Seri Ong Ka Chuan berkongsi penglibatan Malaysia dalam kerjasama ekonomi seperti ASEAN dan APEC, inisiatif liberalisasi di bawah Perjanjian...
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APEC Needs To Grow Ecosystem To Support Enterprise Creation - Ahmad Maslan
October 15, 2015 , by admin2

KUALA LUMPUR, Sept 26 (Bernama) — The Asia-Pacific Economic Cooperation (APEC) needs to build an ecosystem that supports enterprise creation and improves the environment for innovation, as well as facilitates financial inclusion for start-ups, Deputy Minister of International Trade and Industry Datuk Ahmad Maslan said.

He said Malaysia recognises the vital role of micro, small and medium enterprises (MSMEs) in bringing new ideas to the market and fostering innovation.

Ahmad highlighted Malaysia’s initiatives for modernisation and automation of MSMEs, including focusing on the Soft Loan Scheme for Automation & Modernisation (SLSAM).

SLSAM seeks to encourage MSMEs in Malaysia to embrace automation and modernisation of their businesses.

“We further applaud the Philippines for putting the MSMEs at the forefront of its priorities this year, and we fully support the ‘APEC Iloilo Initiative’ which complements the ‘Boracay Action Agenda’ in promoting conducive policy,...

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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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APEC MINISTERS RESPONSIBLE FOR TRADE MEETING, 5 – 6 June, Japan
June 29, 2015 , by admin2
Y.B. Dato’ Sri Mustapa Mohamed, Minister of International Trade and Industry will attend the APEC Ministers Responsible for Trade Meeting (MRT) in Sapporo, Japan from 5-6 June 2010. MRT will:
  • discuss ways to give impetus to conclude the Doha Development Agenda(DDA) negotiations;
  • review the international economic and trade environment and APEC’s efforts in mitigating protectionism; 
  • evaluate progress made by APEC’s economies in realising free and open trade and investment in the region, in line with the objectives of the Bogor Goals; 
  • discuss ways to accelerate on-going work programmes and identify new measures to strengthen regional economic integration;
  • exchange views on ways to strengthen long-term growth in the Asia Pacific region remised on balanced, inclusive, sustainable, knowledge-based and secure growth; and
  • seek new ways to enhance human security with a specific focus on food security, pandemic preparedness and counter terrorism measures. 
Malaysia...
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Engagement with APEC Helps M’sia Improve Business Climate And Competitiveness
June 26, 2015 , by admin2
CREATING the enabling environment to facilitate trade and promote investments is a top priority of countries in their quest to maintain economic growth and remain competitive. Over the years, countries unilaterally or through regional collaboration have undertaken initiatives to review, improve, simplify or eliminate redundant rules, regulations and procedures so that businesses can thrive and prosper. Malaysia’s Government transformation programme emphasises the need to provide a conducive business environment for the country to remain a major trading nation and favoured investment destination in the region. The 10th Malaysia Plan, which charts the development of the nation for the next five years (2011-2015), has set a target for Malaysia to be ranked among the top 10 countries on the World Bank’s Ease of Doing Business by 2015. Malaysia has already initiated regulatory reforms unilaterally in many areas to improve the Government delivery system and business...
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Investment Opportunities in APEC Economies
June 24, 2015 , by admin2
Are you a Malaysian seeking investment opportunities in APEC economies? You may be interested in the 7th edition (the latest) of the Guide to Investment Regimes which provides information relating to the investment environment in APEC member countries and help you make wise investment decisions. Among the countries covered in this edition are:
  • China;
  • Hong Kong;
  • Indonesia;
  • Japan;
  • Singapore;
  • United States of America; and
Malaysia.Among information available in this edition are:
  • ·         Introduction to Investment Regimes;
  • ·         Investment Priority Plan/Equivalent Policy;
  • ·         Regulation and Conditions of Foreign Investment;
  • ·         Investment Promotion and Facilitation;
  • ·         Investment and Intellectual Property Rights Protection;
  • ·         Movement of Persons; and
Taxation on Investment.This article is adapted from the MWB Vol.128.
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JOINT STATEMENT FROM TRANS-PACIFIC PARTNERSHIP MINISTERS MEETING ON MARGINS OF APEC IN BIG SKY, MONTANA
June 24, 2015 , by admin2
Big Sky, MT – Trans-Pacific Partnership (TPP) ministers met today on the margins of the APEC Ministers Responsible for Trade meeting to take stock of progress made so far and to consider the path forward as they seek to conclude a high-standard, regional trade agreement. Joining the meeting were Australian Minister for Trade Craig Emerson, Bruneian Second Minister for Foreign Affairs and Trade Pehin Lim Jock Seng, Chilean Vice Minister of Trade Jorge Bunster, Malaysian Secretary General for International Trade and Industry Rebecca Fatima Sta. Maria, New Zealand Minister of Trade Tim Groser, Peruvian Minister of Foreign Trade and Tourism Eduardo Ferreyros Kuppers, Singaporean Permanent Secretary for Trade and Industry Ow Foong Pheng, U.S. Trade Representative Ron Kirk, and Vietnamese Minister of Planning and Investment Vo Hong Phuc. The ministers discussed the progress so far after six rounds of negotiations and were pleased with the steady and solid progress to date in this...
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