Experts: Move will address issue of transhipment


PETALING JAYA: The government’s decision to centralise the issuance of non-preferential certificates of origin (NPCOs) for exports, especially to the United States, is meant to protect the country’s economic integrity and international reputation amid rising global trade tensions, say experts.

Prof Dr Wong Chin Yoong from Teh Hong Piow Faculty of Business and Finance, Department of Economics, Universiti Tunku Abdul Rahman (UTAR), said transhipment activities provide no tangible benefit to Malaysia’s economy.

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