Government TPR |
WT/TPR/G/366 |
G-VI§6 |
Malaysia |
2017 |
Trade Policy Framework |
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As one of the 17 megadiverse countries globally, Malaysia’s biological diversity is among the richest in the world – harbouring an enormous range of plants, animals and marine life, which has created a unique ecosystem. However, Malaysia’s biodiversity has continuously faced challenges and threats caused by internal and external factors, including environmental changes brought about by socio-economic and trade activities of the people.
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Keywords
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Government TPR |
WT/TPR/G/366 |
G-VI§7 |
Malaysia |
2017 |
Trade Policy Framework |
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To mitigate the impacts of such changes, the Government introduced the National Policy on Biological Diversity 2016-2025 (NPBD) to serve as a national guide for biodiversity management over the next 10 years. It also reflects the Government’s effort and initiative to strongly and continuously emphasize on continued conservation, sustainable utilization and shared benefits from biodiversity in a fair and equitable manner, as well as to strengthen the involvement and participation of all relevant stakeholders. More recently, the NPBD is also becoming a template for economic drive for sectors related to conservation, preservation and protection of biodiversity such as ecotourism.
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Keywords
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Bio
Conservation
Sustainable
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Government TPR |
WT/TPR/G/366 |
G-VI§8 |
Malaysia |
2017 |
Trade Policy Framework |
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The Ministry of Natural Resources and Environment (NRE) plays the leading role in the implementation and monitoring of the NPBD (National Policy on Biological Diversity), including providing overall direction, coordinating stakeholder actions, establishing the appropriate institutional platforms, facilitating resource mobilisation and initiating review of the Policy as necessary. NRE undertakes this role in consultation, coordination, cooperation and partnership with state governments, relevant government bodies, private sector, civil society, as well as indigenous people and local communities.
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Secretariat TPR |
WT/TPR/S/366 |
S-Summary§22 |
Malaysia |
2017 |
Sectors |
Other price and market based measures |
Services |
Relevant information
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In line with the Eleventh Malaysia Plan, 18 services subsectors were liberalized in 2012 and up to 100% foreign equity participation is now allowed for wholesale and retail trade, healthcare, professional services, environmental services, courier, and education subsectors. (...)
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Keywords
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Secretariat TPR |
WT/TPR/S/366 |
S-II§16 |
Malaysia |
2017 |
Trade Policy Framework |
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The Economic Planning Unit (EPU) in the Prime Minister's Department developed the 11th Malaysia Plan (11th MP) for 2016-20, as the final part of Vision 2020. The main aim of the 11th MP is to rebrand Malaysia as a centre for high technology and global activities. Strategies in the next five years include strengthening investment in the manufacturing and services sectors, and promoting both domestic and foreign investment. It identified six strategic thrusts:
(...)
d. pursuing green growth for sustainability and resilience; (...)
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Keywords
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Secretariat TPR |
WT/TPR/S/366 |
S-II§17 |
Malaysia |
2017 |
Trade Policy Framework |
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The 11th MP also highlighted six "game changers" to accelerate Malaysia's development: unlocking the potential of productivity; lifting the bottom 40% of households towards a middle-class society; enabling industry-led technical and vocational education and training; embarking on green growth; translating innovation to wealth; and investing in competitive cities.
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Keywords
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Secretariat TPR |
WT/TPR/S/366 |
S-Table-II.1 |
Malaysia |
2017 |
Trade Policy Framework |
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Table 2.1 Sectoral plans, and trade and investment tools
Sectoral plans Trade and investment tools
(...)
National Commodity Policy 2011-20 Enhancing regional and international cooperation;
Branding of quality, sustainable and environmental friendly commodity-based products;
Encouraging compliance with international standards;
Expanding markets;
Participating in RTA negotiations
(...)
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Keywords
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Secretariat TPR |
WT/TPR/S/366 |
S-II§21 |
Malaysia |
2017 |
Trade Policy Framework |
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Relevant information
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Other legislative changes include: (...) the amendment to the Malaysian Biofuel Industry Regulation 2014, to reduce dependency on fossil fuels for a greener environment and expand palm oil usage; and the implementation of the Import Legality Regulation under the Timber Legality Assurance System, to ensure all imported timber is from legal sources.
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Keywords
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Secretariat TPR |
WT/TPR/S/366 |
S-II§26 |
Malaysia |
2017 |
Trade Policy Framework |
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Relevant information
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Between March 2014 and October 2017, Malaysia was not involved in any new WTO dispute settlement cases either as a complainant or respondent. It participated as a third party in:
(...)
c. the India – Solar Cells complaint by the United States (DS456); and
d. the EU – Biodiesel complaint by Argentina (DS473).
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Secretariat TPR |
WT/TPR/S/366 |
S-II§47 |
Malaysia |
2017 |
Trade Policy Framework |
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Relevant information
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As an APEC member, Malaysia has:
a. fulfilled the commitments to eliminate or reduce import tariffs to 5% on the 54 products under the APEC Environmental Goods List 2012, which came into effect on 1 January 2016;
(...)
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