Strategic Trade Act 2010

An act to provide for control over the export transhipment transit and brokering of strategic items including arms and related.

Strategic trade act 2010. Malaysia is a signatory to uncsr 1540 and recently passed the strategic trade act 2010 ta. Strategic trade act 2010 sta act 708 arrangement of sections long title preamble. 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. 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.

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. The the strategic trade strategic trade act sta 2010. The strategic trade act 2010 malay. 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.

The ministry of international trade and industry iti. Www miti gov my guidelines strategic trade act a copy of the strategic trade act 2010 regulations and orders can be purchased from percetakan nasional berhad or is. Strategic trade act 2010 sta act 708 acts. 1 this act may be cited as the strategic trade act 2010.

The american government congratulated malaysian prime minister najib razak on the legislation in an official. Nevertheless the challenge of facilitating trade in a secure trading environment remains. 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. The sta was published in the government.

2 this act comes into operation on a date to be appointed by the minister by notification in the gazette and the minister may appoint different dates for different provisions of this act. The enactment of sta 2010 unsc resolution 1540 in 2004 cabinet 26 march 2010 26 march 2010. Low understanding of strategic trade act 2010 procedures for new companies educating and outreach to freight forwarders shippers post declaration cannot be used under sta 2010. In this act unless the context otherwise requires.

Which comes in to force on 1 october 2010.