GENERAL AGREEMENT GATS/EL/52
15April 1994
ONTRADE INSERVICES (94-1129)
MALAYSIA
Final ListofArticle II(MFN) Exemptions
(This isauthentic inEnglish only)
____________________MALAYSIA -FINAL LIST OFARTICLE II(MFN) EXEMPTIONS
Sector orsubsector Description ofmeasure
indicating itsinconsistency
with Article IICountries towhich the
measure appliesIntended duration Conditions creating theneed
fortheexemption
AllFinancial
Services, including
InsurancePreferential treatment forthe
supply offinancial services to
Malaysians maybeaccorded to
financial services andservice
suppliers ofanother Member in
adifferentiated manner andat
thediscretion oftherelevant
authoritiesAllcountries Indefinite Toenable differentiated
treatment tobeaccorded to
another Member which
commensurates withthe
commitments ofthatMember to
assist Malaysia toachieve
specific economic andfinancial
targets, enhance trade and
investment andpromote
technological innovation and
expansion ofitsfinancial sector
which would result innetbenefit
toMalaysia
AllSectors Liberalization ofmeasures
affecting movement offoreign
semi-skilled andunskilled
workers intoMalaysia maybe
carried outinadifferentiated
manner based onreasons
including proximity, either
contiguous orregional, religious
and/or cultural compatibilityAllcountries Indefinite Themeasure isrequired to:
1) maintain thearrangements
under existing bilateral
agreements; and
2) ensure thatthemovement
offoreign semi-skilled and
unskilled workers
contributes tothesocial
stability andindustrial
harmony inMalaysia
GATS/EL/52
Page1MALAYSIA (continued)GATS/EL/52
Page2
Sector orsubsector Description ofmeasure
indicating itsinconsistency
with Article IICountries towhich the
measure appliesIntended duration Conditions creating theneed
fortheexemption
Advertising services 20percentforeign content
limitation foradvertising is
waived forthese countriesBrunei Darussalam
Indonesia
Philippines
Singapore
Thailand5years Themeasure isrequired to
promote intra-ASEAN tourism
Allsectors Waiver ofmeasures inexisting
orfuture policies limiting
foreign equity orinterests in
companies andbusinesses in
Malaysia shall becarried outin
apreferential anddifferentiated
mannerAllcountries Indefinite Themeasure would beapplied
inadifferentiated manner to
those investments thatmatch
Malaysia 'sspecific development
requirements withtheabilities
andfacilities provided by
foreign enterprises andtheir
home countries. Theobjective
istomaximize economic
benefits offoreign participation
intheMalaysian economy.