AP abolishment: Good move, but unsuitable as long-term measure, says National Chamber of Commerce and Industry of Malaysia

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AP abolishment: Good move, but unsuitable as long-term measure, says National Chamber of Commerce and Industry of Malaysia
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KUALA LUMPUR, May 27 — The government’s move to abolish Approved Permits (APs) for food imports was a proactive short-term measure to solve the supply shortage of some...

KUALA LUMPUR, May 27 — The government’s move to abolish Approved Permits for food imports was a proactive short-term measure to solve the supply shortage of some essential items in the country.

However, he said the move was not suitable for the long term as it would have a negative impact, especially on domestic suppliers. “Hence, let’s just use it as a short-term tool until the market stabilises,” he said when appearing as a guest on Bernama TV’sHe stressed that the government needed to draw up a long-term plan to find a solution to the food deficit and ensure food security for the people.

 

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