KUALA LUMPUR, May 5 -- The Ministry of Investment, Trade and Industry (Miti) will take full control of Non-Preferential Certificates of Origin (NPCO) for all exports to the US from tomorrow.
Minister Datuk Seri Tengku Zafrul Abdul Aziz said this was to prevent other countries from using Malaysia as a transhipment point to circumvent US tariffs.
Zafrul said the ministry is aware of products from countries facing higher US tariffs being transhipped here and relabelled as Malaysian made.
"Since this issue has arose, we've decided to revoke all certification privileges that were given to business councils and trade associations and bring it all back under Miti.
"Many complained about this, so we decided from tomorrow onwards only Miti wil...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.