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International trade with WTO and AFTA Participation in WTO, APEC and ASEAN, free trade arrangements, multilateral and bilateral negotiations and export promotion and strategies have been used as Malaysia's international trade policy mechanism to develop and promote trade. WTO is the sole international organization dealing with multilaterally agreed rules on trade among its member countries. Through WTO agreements, which spell out rights and obligations, member countries operate a nondiscriminatory multilateral trading system that has allowed world trade to grow. The goal is to help producers of goods and services, and exporters and importers, conduct their business in a manner that ensures predictability and stability. The WTO is also a forum for continuous negotiations to create a fairer, transparent, predictable, and liberal global trading environment. WTO agreements for trade in goods, agriculture and services spell out rules for member countries. Malaysia's commitment on goods includes binding of tariffs on 7,197 tariff lines,...

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