DEAR VALUED CUSTOMERS,

IMPLEMENTATION OF THE REGIONAL COMPREHENSIVE ECONOMIC PARTNERSHIP (RCEP) FOR MALAYSIA

PURSUANT TO MALAYSIA’S RATIFICATION OF THE REGIONAL COMPREHENSIVE ECONOMIC PARTNERSHIP (RCEP) AGREEMENT ON 17 JANUARY 2022, THE RCEP AGREEMENT WILL ENTER INTO FORCE FOR MALAYSIA ON 18 MARCH 2022 (60 DAYS AFTER ITS SUBMISSION OF INSTRUMENT OF RATIFICATION (IOR) AS PER ARTICLE 20.6 OF RCEP AGREEMENT).

MALAYSIA SHALL JOIN THE ELEVEN OTHER PARTIES NAMELY SINGAPORE, CHINA, JAPAN, BRUNEI DARUSSALAM, CAMBODIA, LAO PDR, THAILAND, VIET NAM, AUSTRALIA, NEW ZEALAND AND KOREA THAT HAVE COMPLETED THE RATIFICATION PROCESS AND IMPLEMENTED THE AGREEMENT. THE REMAINING SIGNATORIES (INDONESIA, MYANMAR AND PHILIPPINES) ARE YET TO COMPLETE ITS RATIFICATION PROCESS.

IN LINE WITH THIS DEVELOPMENT, MALAYSIAN EXPORTERS MAY UTILISE FORM RCEP FOR EXPORTATION TO THE 11 RCEP PARTIES. EXPORTERS MAY SUBMIT COST ANALYSIS (CA) FOR ALL 14 COUNTRIES CONSIDERING THE CA IS VALID FOR PERIOD OF TWO YEARS. MEANWHILE SUBMISSION FOR CERTIFICATE OF ORIGIN (CO) IS ONLY PERMITTED FOR EXPORTATION TO SINGAPORE, CHINA, JAPAN, BRUNEI DARUSSALAM, CAMBODIA, LAO PDR, THAILAND, VIET NAM, AUSTRALIA, NEW ZEALAND AND KOREA. SUBMISSION WILL BE ALLOWED BY MID-MARCH 2022. THUS KINDLY OBSERVE FURTHER COMMUNICATION FROM MITI.

FOR ENQUIRY, PLEASE EMAIL : rceppco@miti.gov.my.

THANK YOU.

SENIOR DIRECTOR
TRADE AND INDUSTRY SUPPORT DIVISION
MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY
7 FEBRUARY 2022

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