COMMUNITY TRADE ORGANIZATION
Trade Insurance plan Review Body
RESTRICTED WT/TPR/G/92 5 The fall of 2001
TRADE COVERAGE REVIEW MALAYSIA Report by the Government
Pursuant to the Arrangement Establishing the Trade Policy Review Device (Annex a few of the Marrakesh Agreement Building the World Control Organization), the policy assertion by the Govt of Malaysia is fastened.
Note: This kind of report is usually subject to restricted circulation and press retencion until the end of the meeting of the Operate Policy Review Body on Malaysia.
WT/TPR/G/92 Web page 3
Page I actually. II. FINANCIAL DEVELOPMENT CONTROL POLICY ADVANCEMENTS 1 . Review 2 . ASEAN 3. Charges 4. Specifications 5. Hygienic and Phytosanitary 6. Copyright Act six. Layout-Designs of Integrated Brake lines 8. Commercial Designs on the lookout for. Patent 12. Trademarks 11. Geographical Symptoms SECTORAL PROCEDURES 1 . Efficiency Performance of Malaysia 2 . Financial Services Sector 3. The Financial Sector Masterplan (FSMP) 4. Capital Market Sector 5. Exchange Control Secret 6. Steps on expenditure 7. Marketing communications and Multimedia system Services 8. Agricultural Sector FUTURE PATH AND APPROACH 5 6 6 six 8 8 9 being unfaithful 9 on the lookout for 9 being unfaithful 9 12 10 10 11 11 11 doze 13 13 13
WT/TPR/G/92 Webpage 5
1 . With an average expansion rate of seven. 8% per year, the period 1991-1997 witnessed the continuation of rapid economic progress, which in turn started in the mid-1980's. Because of the financial crisis, Malaysia's GDP developed by several. 4% more than a decade ago. However , the economy quickly recovered in the second quarter of 1999 leading to an average expansion rate of 7. 2% throughout the 1999-2000 period. 2 . The quick recovery can be caused by the Government's efforts, beginning mid-1998, in easing financial policy and providing fiscal stimulus to reactivate domestic demand, as well as the strong expansion in export products registered in 1999 and 2000. The per capita cash flow in current terms, which usually declined in 1998 rebounded to RM 13, 359 in 2000, higher than the pre-crisis level of RM 11, 234 (US$4, 493) in 1996 though, in US$ terms it documented a lower benefit of US$ 3, 515. 3. The unemployment level averaged for 2 . 9% for the 1997 to 2000 period with the maximum level of several. 3% more than a decade ago, and the cheapest at installment payments on your 5% in 1997. The inflationary charge based on the consumer price index was maintained at an normal of 3. 1%, with the top record of 5. 3% in 1998 as well as the lowest for 1 . 6% in 2150. 4. The manufacturing and services groups together added the major part of the total GROSS DOMESTIC PRODUCT increasing via 81. 8% in 1997 to 83. 7% over 10 years ago, to eighty five. 1% in 1999 and to eighty six. 1% in 2000. The manufacturing sector's contribution ranged from 27. 9% to thirty-three. 4% while the services sector's contribution went from 51. 9% to fifty five. 8% for the same period. The agricultural sector's contribution to the economy was consistently above 9% other than in 2k with a decline to 8. 4%. The construction sector saw a decreasing contribution from 4. 8% in 1997 to 3. 3% in 2k. 5. Through the period, the domestic expense based on accepted projects decreased sharply to RM 5. 7 billion dollars in 1999 via a high RM 14. three or more billion in 1997 and RM 13. 2 billion in 1998 before bouncing to RM 13. 7 billion in 2k. However FDI remained solid at RM 11. some billion in 1997, RM 13. zero billion in 1998, RM 12. 2 billion in 1999 and RM 19. 8 billion dollars in 2150. 6. Household investment intended for the period 1997-2000 was primarily in seven sectors particularly petroleum products (including petrochemicals), electronics and electrical products, basic steel products, natural gas, chemicals and chemical products, transport tools and non-metallic mineral items. These eight industries jointly accounted for 76% of total domestic investment in accepted manufacturing tasks during the period 1997-2000. several. After joining exports of US$77. several billion in 1997, Malaysia's exports dropped by 7. 2% to US$71. almost 8 billion more than a decade ago. However , export products grew by simply 1 . 6% and 17% in 1999 and 2000 correspondingly mainly because of...