A free trade agreement between Japan and Malaysia came into force on Thursday, in which the two countries were prepared to remove tariffs on most industrial products and most agricultural, forestry and fishing products within 10 years. The MEJEPA is a comprehensive agreement that also includes the liberalisation of trade in services. Japan will treat Malaysia the same as other partners in the free trade agreement. Areas of interest to Malaysia include business and professional services, education services, communication services, tourism and travel services, health and social services. Overall trade with Japan contracted by 4.8% to $120.26 billion (.RM$28.98 billion) from $126.27 billion.RM ($32.46 billion) in 2015. MJEPA is Malaysia`s first comprehensive agreement. It covers trade in industrial and agricultural products, trade in services, investment, rules of origin, customs procedures, standards and compliance, intellectual property, competition policy, improving the business environment, safeguards and dispute resolution. A free trade agreement is an international agreement between two or more countries to reduce or remove trade barriers and achieve closer economic integration. Subject to the presentation of the required documents, click here for more information on the Preferred Certificate of Origin (PCO). .
For Malaysian service providers Schedules of Specific Services Commitments For farm products, Tokyo will immediately abolish tariffs on imports of Malaysian tropical fruits, including mangoes, mangoes, durians, papayas and rambutans. Ministry of International Trade and Industry Menara MITI, No. 7, Jalan Sultan Haji Ahmad Shah, 50480 Kuala Lumpur, Malaysia. Now that I have PCO documentation and authorization, how can I apply for a preferential tariff concession? Malaysia has already signed and implemented seven bilateral free trade agreements with Japan, Pakistan, India, New Zealand, Chile, Australia and Turkey. At the ASEAN level, Malaysia has 6 regional free trade agreements with ASEAN (AFTA), China, Korea, Japan, Australia, New Zealand and India. The agreement applies not only to goods, but also to services, intellectual property rights protection, investment rules, competition policy, business facilitation and cooperation projects for staff training in Malaysia. . The main text of the agreement can be verified through this MJEPA agreement link.
This should be read at the same time as the implementation agreement. Kuala Lumpur will eliminate tariffs on finished cars with a capacity of more than 2,000 cc by 2010 and smaller vehicles by 2015. It will immediately abolish tariffs on demolished parts for Japanese automakers that assemble vehicles in Malaysia. Japanese government officials say the free trade agreement will strengthen the competitiveness of Japanese producers by reducing the cost of buying parts in Malaysia, while Local Malaysian industry will benefit from Japanese cooperation programs under the agreement. For preferred certificates of origin/rules of origin, please contact: If my product is eligible for tariff concessions, how can I apply for the benefits of the free trade agreement? Ministers from both countries “estimated that the FTA will contribute to improved cross-border trade in goods, services and capital between Japan and Malaysia.