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Malaysia pledges not to limit steel imports from China

Wednesday, 10 March 2010 12:21:22 (GMT+2)   -  

Tags: China , Malaysia , Far East , Southeast Asia , imp/exp statistics , quotas & duties , opinion , steelmaking | similar articles » SteelOrbis News

The Malaysian government will not impose any limitations on steel imports from China, Mukhriz Tun Mahathir, Malaysian deputy minister for international trade and industry, stated on March 9.

In his statement, the minister said that, although his ministry has received complaints about low-priced steel imports from China, and in spite of advice from the Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) to limit steel imports, the government would not implement such restrictions, with no exception made for Chinese materials. The minister added that this course was being taken as Malaysia signed the zero tariff agreement of the China-ASEAN Free Trade Area (CAFTA) on January 1, 2010.

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