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
International trade has been an important component in the economies of the Malay Archipelago. Despite this, the extent to which international trade affects our daily lives may not be fully appreciated by many of us.
Consumer prices of dairy products imported from New Zealand will most likely remain at the current level although the free trade agreement (FTA) between the southern country and Malaysia will fully kick off in 2016.
The Malaysian Government is in discussions on establishing a free trade agreement (FTA) with Bosnia and Herzegovina.
Malaysia-Pakistan tradeis expected to improve this year with the revival of Malaysia-Pakistan Closer Economic Partnership Agreement (MPCEPA)
Malaysia and the Gulf Cooperation Council (GCC) will resume talks on a free trade agreement this year, said International Trade and Industry Minister Datuk Seri Mustapa Mohamed.
The Malaysian Trades Union Congress (MTUC) is most concerned about the serious implications of Investor-State Dispute Settlement (ISDS) clauses and provisions in the Trans-Pacific Partnership Agreement (TPPA) and other such agreements and treaties that Malaysia signs.
Chinese ambassador to Malaysia Huang Huikang says China is against any move by Malaysia to sign a free trade agreement (FTA) with Taiwan.
A PKR lawmaker demanded today that Putrajaya reveal the trade relationship between pro-Palestine Malaysia and Israel amid the bloody conflict in Gaza.
The signing of a Free Trade Agreement between Kuala Lumpur and Ankara will be the highlight of Prime Minister Datuk Seri Najib Razak’s two-day visit to Turkey.
Malaysia and Pakistan will review the free trade agreement (FTA) between both countries by month-end, says International Trade and Industry Minister Datuk Seri Mustapa Mohamed.