Malaysia committed to genuine export labelling, value-added trade
KUALA LUMPUR: The government has reaffirmed its commitment to ensuring that exports genuinely reflect value-added production, following reports of Chinese goods being falsely labelled as Malaysian to evade US tariffs.
International Trade and Industry Deputy Minister Liew Chin Tong reiterated Malaysia's firm stance against such practices, stressing the importance of maintaining the integrity of the nation's export system.
"We have always maintained a clear position that such practices must not happen," Liew said in response to concerns about Chinese goods being falsely labelled as Malaysian.
"If you look at my record, you will see that I have consistently advocated for this. We emphasise value-adding and we want to see value-added production taking place in Malaysia.
"Our goal is to export goods that genuinely result from Malaysian value-added processes," he said at the grand launch of Generali Malaysia's new headquarters here today.
Liew said the principle of promoting genuine value-added production has long been upheld by the government.
"We do not want to see goods merely passing through Malaysia for relabelling, we want to see actual value-added work taking place here," he added.
The issue has drawn attention to broader challenges faced by Malaysia and other nations navigating complex global trade dynamics.
By focusing on value-added production, Liew said Malaysia aims to reinforce its position as a credible and reliable trade partner on the international stage.
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