National Trade Blueprint to improve Malaysia’s trade competitiveness

by NUR HANANI AZMAN / pic by MUHD AMIN NAHARUL

THE National Trade Blueprint (NTBp) will elevate Malaysia’s trade competitiveness and strengthen its position in the international arena, Prime Minister Datuk Seri Ismail Sabri Yaakob said.

Launched today, he said the five-year strategic plan with its eight strategic thrusts and 40  recommendations will address necessary structural changes for the export sector to thrive through the strengthening of trade facilitation, logistics, standards conformance, market access, sustainability, digitalisation and technology, investment and branding. 

“These recommendations will be implemented by eight working groups of specialists from the public and private sectors. The blueprint reflects the government’s clear ambitions to further develop Malaysia’s position and competitiveness in international trade.

“More importantly, this blueprint is set to supplement the policies outlined in the 12th Malaysia Plan towards meeting its targets with clear, actionable, and focused recommendations,” he said at the virtual launch ceremony of the NTBp today.