KUALA LUMPUR: Effective Jan 1, 2023, about 99 per cent of Turkish exports to Malaysia will enjoy duty-free treatment, while almost 86 per cent of Malaysia’s exports to Turkiye will enjoy a similar advantage under the Malaysia-Turkey Free Trade Agreement (MTFTA).
The decision was made during the inaugural Joint Economic and Trade Council (JETC) meeting in Ankara on Thursday, which was co-chaired by Senior Minister and International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali and his counterpart, Türkiye’s Minister of Trade, Dr Mehmet Muş.