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It is also facilitates trade through the establishment of mutual recognition agreements of product
standards and tests, particularly for agricultural products and environmental goods. It provides
access for Malaysian services providers to Japans market including the business and
professional services, education services, communication services, tourism and travel related
services, health related and social services.
Other than that, it provides a framework to further facilitate cross-border investments between
the two countries through commitments on national treatment, most-favored nation treatment, as
well as protection of investors and investments. And also, it provides a framework for economic
and technical cooperation. A major example is the cooperation undertaken under the MalaysiaJapan Automotive Industry Cooperation (MAJAICO)
Compliance to Rules of Origin is important in exporting products under the preferential trading
arrangements. In order for Malaysian and Japanese importers to enjoy preferential treatment, the
products need to fulfill the general Rules of Origin Qualifying Value Content (QVC) of not less
than 40 percent or Change in Tariff Classification.
Malaysia has excluded 42 tariff lines from the tariff concession under the Exclusion List (EL).
These products are excluded for health, safety and moral reasons. Among the products are
firearms, bullet, rice, tobacco and liquor.
References
(n.d.). Retrieved 12 2, 2012, from ministry ofinternational trade and industry:
http://www.miti.gov.my/cms/content.jsp?id=com.tms.cms.article.Article_2dc1fd91c0a81573-7c4c7c4c-394b9352