Briefing on Free Trade Agreements, Facilities & Incentives
Date : 17th February 2009 (Tuesday)
Venue: MKMA Conference Hall, Batu Pahat, Johor, Malaysia.
Free trade agreements (FTAs) can be used by Malaysian businesses to expand and penetrate overseas market. Manufacturing companies in Malaysia should take advantage of duty elimination or substantial reduction as they now have an edge over their competitors from countries not enjoying preferential treatment. FTAs would also enable Malaysian industries to source inputs at more competitive prices.
9.00 – 10.30 am Briefing on Facilities and Incentives offered by the Government
· Facilities: Incentives, Exemptions, Automatic Approval of Manufacturing Licence, On-line Submission
· IMP3: Targets and Planned Activities, Growth Areas
· Trade Figures Comparison
· Issues Faced by Industry
10.30 – 11.00 am Tea Break
11:00 am – 12:30 pm Briefing on Free Trade Agreements (FTA)
· General Information on FTA
· Overview of Malaysia’s Involvement in FTA
· Rules of Origin (ROO) for FTA – Important Concepts
· Tariff Concessions/Market Access and ROO for Textiles Products in the FTAs signed by Malaysia
· How to apply for the Certificate of Origin (CO)
· Q & A
Puan Zainab Muda is Senior Deputy Director, Textiles and Minerals Industries Division, Malaysian Industrial Development Authority (MIDA). She has been with MIDA for more than 20 years. She has been involved in negotiations in a number of Malaysia’s bilateral and regional Free Trade Agreements (FTAs).
Puan Wahida Abdul Rahman is Deputy Director, International Cooperation Division, MIDA. She has been involved in FTA negotiations. Currently, she is one of the Resource Persons for MITI in the Working Groups on ROO and Trade in Goods for on-going FTA negotiations.
A total of 44 participants from 28 companies attended this briefing.