November 2006 (II) update on the Australia-Malaysia Free Trade Agreement negotiations

Mr Michael Mugliston, Head Asia Trade Taskforce, Department of Foreign Affairs and Trade, presented at the 8th Malaysia Australia Joint Business Conference along with his Malaysian counterpart Mohd Zain Mohd Dom, Ministry of International Trade and Industry.  Both presentations provided an insight into the MAFTA negotiations with Mr Mugliston highlighting possible market access gains from the negotiations for industries in both countries.  Mr Mugliston noted that substantial opportunities could be created through liberalisation of the services sector.  He underscored that Australian companies were not that large that they would pose a significant challenge to their Malaysian counterparts, but would be likely to provide niche services.  Elimination and binding tariffs would provide certainty to companies in both countries.

The paper submitted by Mr Mugliston can be viewed at: Market Access Opportunities under the Malaysia-Australia Free Trade Agreement.