Categories
· Business (Tobacco)
· Cross-Border/Crime
· Tax
non-USA, by Country
· Malaysia
· Asia-pacific
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Jump to full article: Daily Express (my), 2009-09-24
Intro: Kota Baru: There will be no tariff reduction on the export of rice, tobacco and alcohol from Malaysia when the Asean Free Trade Area (Afta) is fully implemented on Jan 1, 2010.
International Trade and Industry Minister Datuk Mustapa Mohamed said these items were included in Afta's sensitive list and were exempted from the tariff reduction obligation as agreed to earlier by Asean member countries.
. . .
"There will also be no tax cut on other sensitive items such as alcohol and tobacco as this has been discussed with member countries of the grouping," he told reporters after hosting a Hari Raya gathering here, Wednesday.
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