Turkish, Malaysian exports to enjoy duty-free treatment effective Jan 1, 2023


KUALA LUMPUR: Effective Jan 1, 2023, about 99 per cent of Turkish exports to Malaysia will enjoy duty-free treatment, while almost 86 per cent of Malaysia’s exports to Turkiye will enjoy a similar advantage under the Malaysia-Turkey Free Trade Agreement (MTFTA).

The decision was made during the inaugural Joint Economic and Trade Council (JETC) meeting in Ankara on Thursday, which was co-chaired by Senior Minister and International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali and his counterpart, Türkiye’s Minister of Trade, Dr Mehmet Muş.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
MTFTA , trade , exports , e-Commerce , ASEAN , market access

Next In Business News

Vestland wins RM225mil Kelantan deal
Tycoon piling into S’pore property eyes huge deal
Edelteq to ride on higher contribution from associate
Nor Shahmir Nor Shahid is Turiya MD
Ancom Nylex posts higher 1Q earnings
AWC firms up role as Gamuda subcontractor
Velesto faces softer rig market
IDX bets on quality over quantity in IPO shakeup
CelcomDigi accepts RM381.75mil spectrum award
mm2 Asia, unit still owe US$171,000 in CPF arrears

Others Also Read