ISDS Case Map
Malaysia
The ongoing US-China tensions can be a potential wildcard to the mass ratification and adoption of the Regional Comprehensive Economic Partnership (RCEP) by its country member signatories.
The Malaysia government has taken steps to amend relevant laws and regulations to comply with the obligations of the Regional Comprehensive Economic Partnership (RCEP) agreement.
Malaysia and New Zealand have agreed on upgrading the regional ASEAN-Australia-New Zealand FTA (AANZFTA), which is undergoing a comprehensive review, Senior Minister cum International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali said.
As a free trade agreement (FTA) with Malaysia returns to the table, experts fear local companies could lose business to Malaysian ones if duty-free market access is given in sectors where the latter has a competitive advantage.
Commerce minister says Bangladesh government will sign the deal with Malaysia should not be just for the duty free benefits on export but also for securing massive investments, according to economists.
As the EU secures trade deals with Southeast Asian nations, Malaysian industry groups are pushing to restart trade talks. Experts say a free trade agreement would boost post-pandemic recovery in both regions.
The Ministry of International Trade and Industry (Miti) targets to receive the mandate from the Cabinet to determine the direction of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) in October this year.
Nations of the D-8 should sign a much-needed preferential trade agreement to remove tariff and non-tariff barriers, ministers and entrepreneurs of the trade bloc said.
Malaysia is looking towards ratifying the Regional Comprehensive Economic Partnership (RCEP) agreement by the end of this year, the International Trade and Industry Ministry (MITI) deputy secretary-general (Industry) Datuk Seri Norazman Ayob said.
Malaysia’s goods trade balance will decline by 36% or US$4 billion (RM16.4 billion) per annum, post the Regional Comprehensive Economic Partnership (RCEP), according to a report by the Global Development Policy Centre of Boston University.
