LATEST NEWS   Ops Tiris 4.0: 8,148 inspections, 60 diesel cases involving seizures worth more than RM2.1 million from March 16 to April 5 - DPM Fadillah | The Cabinet has decided to activate the High-Level Inter-Agency Coordination Committee to combat leakages and smuggling - DPM Fadillah | Global energy crisis: Integrated Ops Tiris 4.0 task force set up in Sarawak, Sabah and Labuan - DPM Fadillah | Weststar Group is not affected by the West Asia crisis, having exited its offshore transportation operations in the region since late last year | Weststar Group’s operating costs remain unaffected by current oil and gas prices, as fuel expenses are treated as pass-through costs under its contracts | 
BUSINESS • 10/02/2026 10:48 PM

Govt Interpretation Of ART Aligns With Good Governance, International Obligations

KUALA LUMPUR, Feb 10 (Bernama) — The government interprets Article 6.2 of the Agreement on Reciprocal Trade (ART) in a manner consistent with good governance practices, the principles of fair competition in commercial activities, and Malaysia’s international obligations.

The Investment, Trade and Industry Ministry (MITI) said all commitments under ART are interpreted in alignment with the Federal Constitution, domestic legislation and national socio-economic policies.

“However, this clause does not impose an absolute prohibition on all forms of government support.

“Government assistance that is specifically provided to fulfil public service obligations is permitted,” MITI said in a written reply to the Dewan Rakyat published on the Parliament website today.

This includes national development requirements, security needs and social considerations, which are allowed as they are not regarded as non-commercial assistance that unfairly distorts competition.

MITI was responding to a question from Mohd Syahir Che Sulaiman (PN–Bachok) on how the government interprets and implements Article 6.2 of the Malaysia–US Agreement on Reciprocal Trade.

— BERNAMA

 

 

More News

Categories

Tags