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Commercial presence of foreign operators: agency operations, freight
forwarding, intermodal haulage associated with an international sea leg
Parties should allow access on a non-discriminatory basis to all suppliers of
shipping and related services to provide:
- Agency operation and related freight services...
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Transfer of funds
Parties should provide unrestricted, efficient and timely transfer of funds related
to commercial shipping operations.
Malaysia shipping policies
1. Ship registration
Government power over shipping registration derives from Merchant Shipping Ordinance (1952). To fly Malaysian flag, a vessel must be 51% owned by Malaysian interest...
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