Strategic Trade Act 2010 Malaysia

Malaysia strategic trade act sta 2010 united nation security council resolution unscr 1540 strategic trade secretariat sts ministry of international trade and industry miti international level ministerial level domestic level facilitating trade in a secure trading environment.

Strategic trade act 2010 malaysia. The strategic trade act 2010 malay. Akta perdagangan strategik 2010 is a law enacted by the malaysia government in 2010 to control the export of sensitive technology and materials in order to combat terrorism nuclear proliferation and the spread of weapons of mass destruction. Strategic trade act is an act to provide for control over the export transshipment 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 weapons of mass destruction and their delivery systems and to provide for other matters connected therewith consistent with malaysia s. Laws of malaysia act 708 strategic trade act 2010 arrangement of sections part i preliminary section 1.

Malaysia strategic trade act sta 2010. Short title and commencement 2. Unlawful trafficking strategic goods wmd terrorist strategic trade act 2010 unscr 1540 eccn. An act to provide 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 weapons of mass destruction and their delivery systems and to provide for other matters connected therewith consistent with malaysia s national security and.

Financial intelligence unit central bank of malaysia 3. Nevertheless the challenge of facilitating trade in a secure trading environment remains. Interagency info sharing transit transshipment 4 foreign intelligence ministry of foreign affairs mofa. The strategic trade act 2010 3 the ministry of international trade and industry s long standing rapport and frequent interaction with the business community has been extremely crucial in being the focal point for the implementation of sta.

Strategic trade act 2010 implementation updates issues and challenges muthafa yusof. Extra territorial application part ii appointment and powers of strategic trade controller 5. With the implementation of the sta 2010 since january 2011 malaysia has met the requirement of having a comprehensive export control legal framework un security council resolution 5. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of parliament of malaysia or any agency of the malaysian government.

Appoinment of controller etc. The sta was passed by the dewan rakyat on 5 april 2010 meanwhile dewan negara on 6 mei 2010 and received royal assent on 2 june 2010. Strategic trade strategic items order 2010. In light of this the strategic trade act 2010 sta was drafted by the attorney general s chambers and approved by the cabinet on 26 march 2010.