Tariff on Japanese imports, now 15%, to be eliminated by 2016.
The Malaysian government is ending import duties on vehicles from Japan and Australia. Minister of International Trade and Industry Mustapa Mohamed says the tariffs, now at 15% for Japan and 13.6% for Australia, will be phased out to zero by 2016. The Star newspaper says the duties will be reduced to 10% in 2014 and 5% in 2015. The government’s Bernama news agency quotes Mustapa as saying federal officials have been working with auto makers to voluntarily reduce their car ...
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