Thursday, October 29, 2009

Revised of NAP

One of the latest annoucement made by MITI (Minister of International Trade and Industry) on the 28th October 2008, which revised the current NAP (National Automotive Policy) is to prohibit imports of automotive used parts and component, at the moment, there are no restrictions on such imports.

At this junction, we may don't know what is the impact on the automotive industry in Malaysia, but for those who depend on the imports of used parts, they may need to start to prepare for the changes.

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