Miti imposes permit requirement on US-origin AI chip exports to close regulatory gaps
MITI said the new measure falls under Section 12 of the Strategic Trade Act 2010 (STA 2010), known as the Catch-All Control provision.
It mandates individuals or companies to notify the authorities at least 30 days in advance if they intend to export, transship, or transit any item not listed in the Strategic Items List (SIL), where there is knowledge or reasonable suspicion that the item may be misused or involved in restricted activities.
"This initiative serves to close regulatory gaps while Malaysia undertakes further review on the inclusion of high-performance AI chips of US origin into the SIL of the STA 2010,' the Ministry said in a statement today.
MITI said Malaysia takes a firm stance against any attempt to circumvent export controls or engage in illicit trade. Any individual or company found violating the STA 2010 or related laws will face strict legal action.
"While Malaysia supports investments and trade that align with international best practices and multilaterally agreed commitments, all entities operating in the country are expected to comply with applicable international obligations to avoid secondary sanctions on their businesses,' it said.
MITI reaffirmed its commitment to maintaining a safe, secure, transparent and rules-based trading environment, and said it will not tolerate misuse of Malaysia's jurisdiction for illicit trade activities. - Bernama
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Barnama
3 hours ago
- Barnama
Infineon Investment Lifts Malaysia As Chip Hub, Creates 1,500 Jobs
KUALA LUMPUR, July 27 (Bernama) -- Infineon Technologies' mega investment has not only positioned Malaysia as a global semiconductor manufacturing hub but will also generate 1,500 high-income jobs for Malaysians, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz. He said Prime Minister Datuk Seri Anwar Ibrahim had announced Infineon's RM30 billion potential investment during a trade and investment mission to Germany, following a meeting with the company's top management. "That potential has now become a reality. Infineon Technologies, the German semiconductor giant, has commenced an additional RM30 billion investment to build the world's largest 200mm Silicon Carbide (SiC) Power Fab at the Kulim Hi-Tech Industrial Park in Kedah.
New Straits Times
6 hours ago
- New Straits Times
Anwar to visit Indonesia for first annual consultation with Prabowo
JAKARTA: Prime Minister Datuk Seri Anwar Ibrahim will embark on a two-day working visit to Indonesia starting Monday to attend the 13th Annual Consultation with President Prabowo Subianto - the first such meeting between the two leaders. Anwar will be accompanied by Sarawak Premier Tan Sri Abang Johari Abang Openg, Sabah Chief Minister Datuk Seri Hajiji Noor, Foreign Minister Datuk Seri Mohamad Hasan, Home Affairs Minister Datuk Seri Saifuddin Nasution Ismail; Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz; Education Minister Fadhlina Sidek. "This Annual Consultation represents the highest-level bilateral mechanism between Malaysia and Indonesia, aimed at reinforcing strategic and comprehensive cooperation," Malaysian Ambassador to Indonesia Datuk Syed Mohamad Hasrin Tengku Hussin said during a media briefing here on Sunday. He said the Annual Consultation, convened alternately between the two countries since 2006, reflects the strong political commitment of both nations to enhance collaboration across a wide range of sectors, including trade and investment, defence and security, connectivity, food security and education. "The leaders are expected to exchange views on regional and global issues of mutual interest," he said, adding that a Joint Statement will be issued at the conclusion of the consultation. The previous consultation was held in 2017, making this a timely opportunity for both leaders to reaffirm their strategic partnership and explore new areas of cooperation in response to current regional and global challenges. Syed Mohamad Hasrin said the leaders will also witness the exchange of four Memoranda of Understanding (MoUs) in the areas of land border, health cooperation and information and communications technology. During the visit, he said the Prime Minister is also scheduled to visit the Asean Secretariat in Jakarta, at the invitation of the Asean Secretary-General, Dr Kao Kim Hourn. Anwar will also deliver a Policy Speech on Asean in the context of Malaysia's Asean Chairmanship in 2025, underscoring Malaysia's ongoing commitment to regional integration and community-building. In 2024, Indonesia ranked as Malaysia's sixth-largest global trading partner and the second largest within Asean. Bilateral trade increased by 4.5 per cent from RM111.21 billion (US$24.39 billion) in 2023 to RM116.29 billion (US$25.5 billion) in 2024. – Bernama
The Star
6 hours ago
- The Star
Anwar to visit Indonesia for 13th Annual Consultation with Prabowo
JAKARTA: Prime Minister Datuk Seri Anwar Ibrahim will embark on a two-day working visit to Indonesia starting Monday to attend the 13th Annual Consultation with President Prabowo Subianto - the first such meeting between the two leaders. Anwar would be accompanied by Sarawak Premier Tan Sri Abang Johari Abang Openg; Sabah Chief Minister Datuk Seri Hajiji Noor; Foreign Minister Datuk Seri Mohamad Hasan; Home Affairs Minister Datuk Seri Saifuddin Nasution Ismail; Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz and Education Minister Fadhlina Sidek. "This Annual Consultation represents the highest-level bilateral mechanism between Malaysia and Indonesia, aimed at reinforcing strategic and comprehensive cooperation," Malaysian Ambassador to Indonesia Datuk Syed Mohamad Hasrin Tengku Hussin said during a media briefing here on Sunday (July 27). He said the Annual Consultation, convened alternately between the two countries since 2006, reflects the strong political commitment of both nations to enhance collaboration across a wide range of sectors, including trade and investment, defence and security, connectivity, food security and education. "The leaders are expected to exchange views on regional and global issues of mutual interest," he said, adding that a Joint Statement would be issued at the conclusion of the consultation. The previous consultation was held in 2017, making this a timely opportunity for both leaders to reaffirm their strategic partnership and explore new areas of cooperation in response to current regional and global challenges. Syed Mohamad Hasrin said the leaders would also witness the exchange of four Memoranda of Understanding (MOUs) in the areas of land border, health cooperation and information and communications technology. During the visit, he said the Prime Minister was also scheduled to visit the Asean Secretariat in Jakarta, at the invitation of the Asean Secretary-General, Dr Kao Kim Hourn. Anwar would also deliver a Policy Speech on Asean in the context of Malaysia's Asean Chairmanship in 2025, underscoring Malaysia's ongoing commitment to regional integration and community-building. In 2024, Indonesia ranked as Malaysia's sixth-largest global trading partner and the second largest within Asean. Bilateral trade increased by 4.5%from RM111.21bil (US$24.39bil) in 2023 to RM116.29bil (US$25.5bil) in 2024. – Bernama
