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Free Trade Agreements

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Malaysia’s Ratification of the RCEP and CPTPP

By , and 2 Mins Read

The ratification of two of the world’s mega-regional free trade agreements, namely the Regional Comprehensive Economic Partnership (RCEP) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), marks a significant milestone for Malaysia in its pursuit of bolstering foreign investments and expanding its trade horizons. Malaysia has successfully ratified the RCEP on 17 January 2022, followed by the ratification of the CPTPP on 30 September 2022. Subsequently, the RCEP came into force on 18…

US: US USMCA Regulations interim final rule effective July 1 (comments requested); USMCA Notice of Proposed Rulemaking on non-preferential rules of origin released for comment

By 4 Mins Read

USMCA Implementing Regulations On July 6, 2021, US Customs and Border Protection (CBP) and the US Department of the Treasury (Treasury) published in the Federal Register the notice for the USMCA Implementing Regulations Related to the Marking Rules, Tariff-rate Quotas, and Other USMCA Provisions interim final rule. The interim rule is effective July 1, 2021. The rule amends CBP regulations to include implementing regulations for the preferential tariff treatment and related customs provisions of the…

UK agrees to an FTA with Australia

By 2 Mins Read

On 15 June 2021, the UK Government announced that the UK has secured a trade deal with Australia eliminating tariffs on all UK goods and boosting jobs and businesses across the country, in the first major trade deal negotiated from scratch by the Government since the UK left the EU. The announcement said that the main elements of the deal were agreed by Prime Minister Boris Johnson and Australian Prime Minister Scott Morrison at a…