Malaysia-Australia Free Trade Agreement (MAFTA)

The Malaysia-Australia Free Trade Agreement (MAFTA) enterred into force in 2013. It notably provides for the elimination of import tariffs for the following energy sector goods: 

• Steel coils
• Automotive components
• Motor vehicles

The rules of origin delineated in the Agreement mirror those of the ASEAN-Australia-New Zealand Free Trade Area.  Goods are considered as originating from a signatory country, and can thus benefit from preferential tariff treatment if:

• they are wholly produced or obtained in the country 
• they qualify for a change in HS code as defined for each good
• they meet minimum regional value content requirements

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