Compared to its neighbours in Southeast Asia, Malaysia was late to get on the FTA train. But now it does not want to be left out of the major deals, it seems.
Malaysia signed its first FTAs with Japan in 2005. In 2007, it signed with Pakistan. It also has FTAs with Chile (2010) , India (2011) and New Zealand (2009), It has been in FTA talks with the US, but these have effectively been shelves since 2009. It is in negotiations with Australia, and may commence negotiations with the GCC and EFTA.
As member of ASEAN, it is also party to the agreements with China, India, Korea and Japan, and the negotiations with Australia/New Zealand and the EU.
last update: May 2012
Australian companies have been urged to use Malaysia as a regional hub for their businesses, taking advantage of the free trade agreements (FTAs) that Malaysia had signed with several countries.
Economic relations between Malaysia and Australia are set to enter a new era when the two countries conclude a free trade agreement (FTA).
An agreement to liberalise trade of goods and services between Malaysia and Australia will help attract more Australian firms to invest in and trade with Malaysia.
Sri Lanka has proposed a free trade agreement (FTA) or preferential trade pact with Malaysia, but the two countries are a long way towards reaching a final decision, a Sri Lankan corporate leader said.
Canada has no plan to hold talks on free trade agreement (FTA) with Malaysia for the time being due to lack of time, says its high commission’s counsellor and senior trade commissioner, Rene-Francois Desamore.
Malaysia will review its free trade agreement (FTA) with Japan following claims that it is lopsided, said Datuk Seri Najib Tun Razak said.
The Comprehensive Economic Cooperation Agreement will enable Malaysia to expand and strengthen cooperation and collaboration activities in areas where India is advanced such as biotechnology, software development, science and education.
Malaysia and Australia on Thursday signed a Memorandum of Understanding (MoU) aimed at building a new cooperation on agricultural, food processing, livestock and fisheries trade.
AUSTRALIA and Malaysia have signed a memorandum of understanding that aims to foster trade in agriculture, food processing, livestock and fisheries.
Toyota Motor Corp Japan is re-strategising its position in Malaysia to take advantage of free trade agreements (FTAs) signed between the countries in the region.