(May-June) 2013 issue.pdf - Federation of Malaysian Manufacturers

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News Highlights World Food Uzbekistan 2013 Over 180 exhibitors from 25 countries participated in the World Food Uzbekistan 2013 which was held in Tashkent, Uzbekistan from April 3 – 5, 2013. Four Malaysian companies namely Erapoly Global Sdn Bhd, Inno-Wangsa Oils and Fats Sdn Bhd, See Hau Gobal Sdn Bhd and WMA Trading Sdn Bhd participated for the first time in the Fair which attracted over 6,000 trade visitors. According to Abdulaziz A Yunusov, Regional Representative and Marketing Officer of MATRADE in Tashkent, there are vast business opportunities for Malaysian companies in Uzbekistan. Malaysian exporters can explore and work with the local importers or purchasers who are interested in their products. Business matching discussion in progress at the Exhibition Chow Kien Yu (left) of See Hau Global being interviewed by the local Uzbekistan TV station 06 BIA@FMM | May – Jun 2013
News Highlights Over 26 Wood Products to be Licensed by September 2013 The Customs Prohibition of Export and Import Order 2012 was gazetted on December 31, 2012. The new regulation requires exporters of 26 types of wood products and importers of three types of wood products to be registered and to obtain export and import licenses from Malaysian Timber Industry Council (MTIB). Implementation of the new ruling would come into effect on September 2013. FMM, in a letter dated April 18, 2013 to the Director-General of MTIB, highlighted the following concerns raised by FMM members on the imposition of the above new regulation: • Additional cost incurred in applying for the license which adds to the cost of doing business. These include application fees and membership fees to join the associations as listed by MTIB; • Requirement to be a member of the listed associations even through some of the members are already members of FMM or other associations; • Imposition of export taxes on finished wood products is unnecessary and acts as a non-tariff barrier to trade. It is also inconsistent with the Article XI of the World Trade Organisation’s General Agreement on Tariffs and Trade (GATT) which generally prohibits export restraints such as export licensing; and • The Malaysian Government is currently negotiating comprehensive Free Trade Agreements (FTAs) such as the Trans Pacific Partnership Agreement and the Malaysia-European Union Free FTA that require the removal of NTBs such as export licensing. This new export requirement on most wood products would only hamper the successful completion of the negotiations. FMM also proposed the following: • As the main objective of imposing the regulation is to collect data on raw timber and semi-finished timber, finished products should be exempted from this requirement; and • The requirement for applicants to be a member of any one of the listed associations in the MTIB Act should be removed as it effectively increases the cost of doing business. For further information on The Customs Prohibition of Export and Import Order 2012, please contact Leong Soke Ching of the FMM Secretariat at soke_ching@fmm.org.my. FMM will be organising a Briefing on Updates on Requirement for Licenses for Export and Import on Tuesday, July 2, 2013, from 9.00am to 4.30pm at Wisma FMM to update companies on the licenses requirement for wood products and other products listed in the Customs Prohibition of Export and Import Order 2012 i.e skin, leather, wool, milk based products, rice flour, fish etc. For further information on the Briefing, kindly contact Nur Hafizah of the FMM Secretariat at hafizah@fmm.org.my. May – Jun 2013 | BIA@FMM 07
Page 1 and 2: Business in Action KDN May/Jun 2013
Page 3 and 4: Cover Story 2 nd Hazards Asia Pacif
Page 5: News Highlights FMM Manufacturer of
Page 9 and 10: NOW ON SALE! Contents • Comprehen
Page 11 and 12: News Highlights Updates on Industri
Page 14: Assistance to Members Perak Floodin
Page 17 and 18: Events in Pictures Trade & Investme
Page 20 and 21: Market Alert Updates on Production
Page 22: Happenings at Branches Kedah/Perlis
Page 26: Happenings at Branches Selangor MIT

(May-June) 2013 issue.pdf - Federation of Malaysian Manufacturers

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