MAFTA monsoon opens new trade routes

William de Cruz AUSTRALIAN businesses should hitch their sails to the “monsoonal winds” of the free trade agreement with Malaysia, and maximise investment and trade potential with Australia’s third-largest trading partner in Asean. Pushing the case for newly unfettered access on the other side of the Straits of Malacca is the NSW chapter of the…

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MAFTA On-Line Tariff Schedules and Making Use of MAFTA Guide Launched.

The HS 2012 MAFTA tariff schedules have now been uploaded to the DFAT website. These schedules provide a ready reference for businesses to check the tariff rates/status of products and service supplied to and from Malaysia under MAFTA. These can be found under the official document tab on the following page: http://www.dfat.gov.au/fta/mafta

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MAKING USE OF MAFTA

The “Making Use of MAFTA’ guide provides easy to digest information on the Malaysia-Australia Free Trade Agreement (MAFTA) and it’s provisions for the extensive tariff liberalization commitments by Malaysia and Australia from the Agreement’s entry-into-force on 1 January 2013. The negotiated outcome of MAFTA provides tariff-free treatment on 94.8 per cent of Malaysia’s tariff lines…

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Documentation requirements for MAFTA Exports

This document aimed at exporters and importers has been created that outlines the key differences in the documentation requirements of MAFTA when exporting from Malaysia vs Australia. The Malaysia-Australia Free Trade Agreement (MAFTA) entered into force on 1 January 2013. The detailed requirements for obtaining and using Declarations of Origin (DOO) and Certificates of Origin…

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Regional Economic Partnership Agreement (RCEP)

Update on the RCEP negotiations, an ASEAN-centred proposal for a regional free trade area which initially includes the ten ASEAN member states (and hence Malaysia) plus those countries which have existing FTAs with ASEAN (Australia, China, India, Japan, Republic of Korea and New Zealand).  The negotiations were launched in November last year, with the first…

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