Asia | Poldertrade

AHTN 2022 implementation in Malaysia, the Philippines and Singapore

Malaysia, the Philippines and Singapore have recently implemented the 2022 version of the ASEAN Harmonised Tariff Nomenclature (AHTN 2022). As a result, the 2017 version has been replaced and new permit applications are required using the AHTN 2022 Harmonised System (HS) codes as well as reapplication of advance rulings on classification. Poldertrade recommends importers in …

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India-UAE CEPA into force

Asia, FTA

On 18 February 2022, India and the UAE signed a Comprehensive Economic Partnership Agreement (CEPA) and it entered into force on 1 May 2022. The agreement covers trade in goods, customs procedures and trade facilitation, rules of origin, sanitary and phytosanitary measures, and trade in services among other aspects. The CEPA covers nearly all of …

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Australia-India sign trade agreement

Asia, FTA

On 2 April 2022, Australia and India signed an Economic Cooperation and Trade Agreement (AI ECTA) and is expected to become effective at the end of this year. The full agreement has not been published yet, however, the key points have been shared and focuses on supporting trade through reduction and elimination of tariffs for …

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RCEP also effective for Malaysia

Asia, FTA

On 18 March 2022, the Regional Comprehensive Economic Partnership (RCEP) entered into force for Malaysia. RCEP is the largest trade bloc in the world and Malaysia now officially join the other RCEP member countries where it became effective; Australia, Brunei, Cambodia, China, Japan, South Korea, Laos, New Zealand, Singapore, Thailand, and Vietnam. The Malaysian ministry …

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