ISDS Case Map
Malaysia
A free trade agreement with the United States, expected to be concluded by next year, will raise Malaysia's profile with other foreign investors and increase their confidence in the local market, the U.S. ambassador said Thursday.
"We in Malaysia believe this is a very strategic agreement," Malaysian Minister of International Trade Rafidah Aziz said. "There is no opposition."
Malaysia and the US today jointly announced the launch of negotiations for free trade agreement (FTA), with formal negotiations on the FTA commencing in three months and expected to be completed by early 2007.
The Biotechnology Industry Organization (BIO) today applauded the Bush Administration's announcement to begin free trade negotiations with Malaysia. "Malaysia is an important market with a strong interest in developing its biotechnology industry," stated Jim Greenwood, President and CEO of BIO. "We look forward to working with US Trade Representative Rob Portman on this important initiative as Malaysia looks to enhance the development of its biotechnology sector.
The United States and Malaysia will announce plans on Wednesday to negotiate a free trade agreement, industry and congressional sources familiar with the decision said.
Open letter to Prime Minister Datuk Seri Abdullah Ahmad Badawi
The US would like to see greater exchange rate flexibility in Malaysia, US Treasury Under Secretary Timothy Adams said yesterday.
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.
The United States may announce soon that it is beginning free trade talks with Malaysia, US Trade Representive Rob Portman said on Wednesday.
Free Trade Agreement (FTA) initiatives with Pakistan, Australia and New Zealand are expected to be completed this year, Malaysia's International Trade and Industry Minister Datuk Seri Rafidah Aziz said Tuesday. She also said that FTA negotiations with the US and India would also begin this year, followed by the launch of a joint feasibility study for a possible FTA between Malaysia and Chile.
