Seramai 52 pegawai dari pelbagai kementerian dan agensi telah menyertai Bengkel International Trade Issues anjuran MITI dengan kerjasama Rajaratnam School of International Studies (RSiS) Singapore. Bengkel selama 3 hari ini bertujuan memberi pendedahan kepada pegawai mengenai isu serta cabaran yang dihadapi dalam melaksanakan polisi perdagangan antarabangsa seperti FTA, TPP, WTO dan RCEP. Bengkel ini juga memfokuskan kepada Rantaian Nilai Global dan Formulasi Polisi Perdagangan. Selain daripada pegawai MITI dan agensi, lapan (8) kementerian yang turut terlibat adalah Kementerian Kewangan, Unit Perancangan Ekonomi, Kementerian Perusahaan Perladangan dan Komoditi, Kementeian Sumber Asli dan Alam Sekitar, Kementerian Pertanian dan Industri Asas Tani, Kementerian Kesihatan, Kementerian Luar Negeri dan Kementerian Kerja Raya.
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...Read More
MEDIA STATEMENT MORE FOCUSED, COORDINATED AND SYNERGISTIC APPROACH IS IN PLACE TO BOOST TRADE
- The world economic situation remains volatile and recovery in global trade is still slow. Based on the prediction made by the World Trade Organisation (WTO), the global trade will grow at a tepid 2.8% in 2016. In fact, this will be the fifth consecutive year where trade grew at less than 3% - its weakest sustained level in 30 years.
- Despite the challenging external environment, we managed to record an improvement for our trade performance in the first half of 2016 (H1 2016). Our trade in that period stood at RM704 billion, an increase by 1.3% compared to the same period last year. The expansion was mainly supported by trade with the United States, China, the European Union, ASEAN as well as Turkey. Moving forward, MATRADE will continue to develop the capacity and capabilities of Malaysian companies to export their products. In H1 2016, a number of 46 export training...
TRADE MEASURE IMPOSED FOR PURPOSE OF HEALTH AND SAFETY: A NON-TARIFF BARRIER OR A SAFEGUARD MEASURE?
July 6, 2015 , by admin2
WTO Members may impose measures for the protection of human, animal, plant life or health reasons, under the Agreement on Sanitary and Phyto-Sanitary Measures (SPS). The measures imposed should conform to international standards and guidelines, in order to ensure harmonisation in implementation. The measures should not restrict the flow of trade, implemented in a non-discriminatory manner and should be applicable to all countries and domestic producers or suppliers. Despite these guidelines, disputes have been referred to the WTO on SPS measures. For example, the ban imposed by the US on importation of poultry products from China is viewed as discriminatory protectionism by China as it violates the obligations under the General Agreement on Tariffs and Trade (GATT) 1994 and the SPS Agreement. The US however insists that the SPS measures taken by them are to ensure food safety and is based on scientific evidence as required under the SPS Agreement and therefore is in compliance...Read More
July 3, 2015 , by admin2
Chile underwent its Fourth Trade Policy Review (TPR) on 7 and 9 October 2009. The last review was in 2003. The TPR is part of the transparency process in the WTO to evaluate trade policies and practices of Members. The Chilean economy grew at an annual average rate of 4.8% between 2003 and 2008 due to strong domestic demand and export growth. Despite the international crisis, Chile’s per capita GDP reached US$10,087 in 2008 (2003: US$4,746), one of the highest in Latin America. Chile maintains an open, transparent and predictable trade regime. Chile’s average applied MFN tariff is 6% while its entire tariff schedule is bound at an average of 25%, except for some agricultural products which are bound at 31.5%. Chile has a price-band system* for imports of wheat, flour sugar and vegetable oil. In response to questions raised on its price-band system, Chile indicated that it is considering replacing the system with fixed specific tariff. In 2008, Chile’s merchandise exports...Read More
June 26, 2015 , by admin2
Many Governments today are faced with a million dollar question – to liberalise or not. It is good for us to understand that the vast choices and competitive prices we pay for goods & products today are culmination of liberalisation through multilateral trade negotiations since 1947 under the auspices of the General Agreement on Tariffs and Trade (GATT) – now known as the World Trade Organisation (WTO). It must be noted that the WTO opened up markets and created rules to faciliate orderly conduct of global trade and prevented trade wars as well as global resources wastage. Read more to understand WTO’s role and its contribution.Read More
June 26, 2015 , by admin2
FTAs create a conducive environment for investments by providing protection to investment and enhancing Malaysia’s standing as an attractive investment destination. This will strengthen investor confidence and translate into potential employment opportunities and provide more choices at competitive prices for the consumer. Contrary to arguments put forth by some critics, FTAs prompt local companies to work harder and become more efficient to stay competitive. The concessions accorded under FTAs are normally granted in stages over a period of time; long enough for the domestic producers to adapt their production processes to meet the increased competition in the domestic market. Learn more about FTAs by reading “FTAs – Creating An Environment For Fair Trade ”. Also featured is the Malaysia-New Zealand FTA which helped increase the confidence of a New Zealand based company to invest in Malaysia and how the Malaysia-Japan Comprehensive Economic Partnership Agreement...Read More
June 25, 2015 , by admin2
Highlights of the MITI Weekly Bulletin, Vol. 110 include: Global Competitiveness Report 2010-2011 The Global Competitiveness Report (GCR) 2010-2011 by the World Economic Forum (WEF) based in Geneva, Switzerland covers 139 countries (GCR 2009-2010: 133 countries). GCR uses 30% statistical data (32 criteria) and 70% survey data (79 criteria) from its Executive Opinion Survey. Malaysia is ranked at the 26th position. Micro-Financing for SMEs Micro-finance is a proven tool for fighting poverty on a large scale. It provides small loans, also known as micro-loans, to start or expand small and self-sufficient businesses. Unlike commercial loans, no collateral is required for a micro-loan which is usually repaid within six months to a year. Micro-financing is an important mechanism for micro enterprises to achieve economic balance. The Malaysian Standard on Globally Harmonised System (GHS) for Classification and Labelling of Chemicals (MS 1804:2008) The Malaysian Standard on GHS...Read More
June 22, 2015 , by admin2
by Datuk Dr Rebecca Fatima Sta Maria, Secretary General, Ministry of International Trade and Industry
ON Aug 22, Russia became the 156th member of the World Trade Organisation (WTO) after almost two decades of negotiations. Russia is now a member of the WTO. So what? To answer this question we have to rewind to 1995. In that year, 128 countries, including Malaysia, who were members of the General Agreement on Tariffs and Trade (GATT), signed the Marrakesh Agreement to form the WTO. They did this in the spirit of ensuring global economic growth through a liberalised, transparent and predictable global trading environment. Towards that end, the member countries agreed to work on ground rules for international commerce. The WTO was to focus on getting members to reduce and eliminate import duties and subsidies in an attempt to create a level playing field for international trade. These ground rules were framed in agreements. In sum, governments must ensure that their trade...Read More