THE Ministry of Investment, Trade and Industry (MITI) has reiterated the country's firm stance on adhering to international trade regulations.
This follows reports on March 3, 2025, alleging that US-sanctioned AI chips may have been transhipped through Singapore to Malaysia.
In a statement today, MITI highlighted that Malaysia fully complies with all multilateral trade agreements and legal provisions, particularly the Strategic Trade Act 2010 (STA 2010).
“This legislation ensures that the export, transit, transshipment, and brokering of strategic items are carefully monitored and regulated,” the statement read.
The government is actively investigating the matter to determine if any local laws were violated in connection with the alleged shipment.
In the meantime, MITI stressed its ongoing collaboration with both the United States and Singapore to address the issue and find effective solutions.
"We remain committed to ensuring that any efforts to circumvent export controls or engage in illicit trade activities are strongly opposed," MITI stated, adding that Malaysia continues to encourage legitimate trade practices that align with international standards.
The ministry also highlighted Malaysia's neutral stance on unilateral sanctions, while advising businesses operating within the country to be mindful of foreign export restrictions that might affect their international operations.
MITI stated that its commitment is to foster a secure investment climate, ensuring that technology-related investments in Malaysia adhere to the highest standards of compliance with global laws and best practices. – March 4, 2025
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