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Implementation of The Strategic Trade Act 2010 (STA) In Malaysia – Effective July 1st 2011
June 7, 2011
Malaysia, being one of the United Nations (UN) Members, is obliged to set up national export control relating to the items stated in the said Resolution while mitigating the national security threats.
In light of this, the Cabinet agreed on 5 October 2005 that a comprehensive law and regulations on export of strategic goods be formulated since Malaysia’s current export control framework is not sufficient to govern the control on the strategic items which can contribute to proliferation of WMD.
The STA was passed by the parliament of Malaysian 5 April 2010 and the full implementation of the STA will be on 1st July 2011.
The STA provides for control over the export, transhipment, transit and brokering of strategic items, including arms and related material, and other activities that will or may facilitate the design,development and production of WMD and their delivery system.
In addition, BDP International in Malaysia has created a FAQ document for this new implementation. For further information, please click here.
Michael K.K CHIN
Logistics Manager
BDP International
Block B-809, Phileo Damansara 1,
Jalan 16/11, off Jalan Damansara,
46350 Petaling Jaya, Selangor, Malaysia
Tel: +603 7954 2001
Fax: +603 7954 2501
Mobile: +601 2548 8029
Email: michael.chin@bdpmy.com
www.bdpinternational.com
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