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  • Malaysia'S Involvement in Us Free Trade Agreement: Mai Syaheera Meor Shaari Nurul Diana Ruslan

    Transféré par

    Syaheera Shaari
    12 vues9 pages
    The document discusses Malaysia's potential involvement in a free trade agreement (FTA) with the United States. Key points include: 1) Malaysia's objectives in negotiating FTAs are to seek better market access, facilitate trade and investment, and enhance competitiveness of Malaysian exporters. 2) Malaysian businesses could benefit from the USFTA through expanded market access, lower import costs, and partnerships with US companies to reach third country markets. 3) However, the document concludes that Malaysia should not sign the USFTA as the country is already economically successful without it and could lose government revenue from lower tariffs on US imports.

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    The document discusses Malaysia's potential involvement in a free trade agreement (FTA) with the United States. Key points include: 1) Malaysia's objectives in negotiating FTAs are to seek better market access, facilitate trade and investment, and enhance competitiveness of Malaysian exporters. 2) Malaysian businesses could benefit from the USFTA through expanded market access, lower import costs, and partnerships with US companies to reach third country markets. 3) However, the document concludes that Malaysia should not sign the USFTA as the country is already economically successful without it and could lose government revenue from lower tariffs on US imports.

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    Attribution Non-Commercial (BY-NC)
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    12 vues9 pages

    Malaysia'S Involvement in Us Free Trade Agreement: Mai Syaheera Meor Shaari Nurul Diana Ruslan

    Transféré par

    Syaheera Shaari
    The document discusses Malaysia's potential involvement in a free trade agreement (FTA) with the United States. Key points include: 1) Malaysia's objectives in negotiating FTAs are to seek better market access, facilitate trade and investment, and enhance competitiveness of Malaysian exporters. 2) Malaysian businesses could benefit from the USFTA through expanded market access, lower import costs, and partnerships with US companies to reach third country markets. 3) However, the document concludes that Malaysia should not sign the USFTA as the country is already economically successful without it and could lose government revenue from lower tariffs on US imports.

    Droits d'auteur :

    Attribution Non-Commercial (BY-NC)
    Téléchargez comme PPTX, PDF, TXT ou lisez en ligne sur Scribd
    Signaler comme contenu inapproprié
    sur 9

    MALAYSIA’S INVOLVEMENT IN US FREE TRADE AGREEMENT

    MAI SYAHEERA MEOR SHAARI


    NURUL DIANA RUSLAN
    WHAT IS USFTA???
     

    • It is a free-trade agreement (FTA) between Malaysia and the


    United States.

    • FTA is an agreement made between two or more countries


    under which countries involved are given preferential market
    access.

    • It is all about securing market share, zero tariffs on goods and


    having a strong market between companies in Malaysia and US.
    MALAYSIA‘S OBJECTIVE

    Malaysia's objectives in negotiating FTAs are to:

    o Seek better market access by addressing tariffs and non-tariff measures

    o Further facilitate and promote trade, investment and economic


    development

    o Enhance the competitiveness of Malaysian exporters

    o Build capacity in specific targeted areas through technical cooperation and


    collaboration
    HOW BUSSINESS CAN TAKE ADVANTAGE FROM THE USFTA
     

    • Expand and penetrate overseas market.

    • Advantage of duty elimination or substantial reduction as they now have an


    edge over their competitors from countries not enjoying preferential treatment.

    • Enable Malaysian industries to source inputs at more competitive prices.

    • Expand its services and products into third countries through partnerships with
    enterprises from FTA members.

    • Offer trade facilitation measures for industries to expand trade, as well as


    capacity building to improve and enhance their competitiveness.
    GOVERNMENT PROCUREMENT

    • Malaysian government buy anything, this is known as


    government procurement

    • Malaysia has led developing countries at the WTO to


    stop government to open up to foreigners
    MALAYSIA UNLIKELY TO GET MORE
    INVESTMENT

    • Malaysia may want more investment from


    Americans.

    • According to World Bank & United Nations


    Conference on Trade & Development, there is no
    proof that stronger investor protection increase
    investment by foreigners.
    CAN MALAYSIA INCREASE EXPORTS TO THE
    US UNDER USFTA?

    • Malaysian companies may think that they have


    opportunity to export more to USA if they signed the
    USFTA because the USA will lower the tariffs on
    products coming from Malaysia.
    IMPACT ON GOVERNMENT REVENUE

    • The revenue of Malaysian Government is losing.

    • USA is the second largest import into


    Malaysia. If all taxes on American product fall
    to zero, that is a lot of revenue the Malaysian
    government losing.
    CONCLUSION

    • As a conclusion Malaysian government should not


    sign the U.S. Free Trade Agreement.

    • Malaysia are doing well economically even though


    without USFTA because Malaysia already has a trade
    surplus with the US.

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