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Global map of countries by tariff rate, applied, weighted mean, all products (%), 2021, according to World Bank. This is a list of countries by tariff rate. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1. Import duty refers to taxes levied on imported goods, capital and ...
According to the World Customs Organization (WCO), an authorized economic operator (AEO) is "a party involved in the international movement of goods in whatever function that has been approved by or on behalf of a national Customs administration as complying with WCO or equivalent supply chain security standards.
Malaysia is a federal constitutional elective monarchy and the only federal country in Southeast Asia. [77] The system of government is closely modelled on the Westminster parliamentary system, a legacy of British rule. [78] The head of state is the King, whose official title is the Yang di-Pertuan Agong.
The income from the newly implemented GST managed to supplant Malaysia's national budget from the deficit induced by a loss in oil tax revenue. [17] On 7 March 2016, the Yang di-Pertuan Agong Abdul Halim congratulated the government for implementing GST. [18]
The Yang di-Pertuan Agong is elected by the Conference of Rulers, comprising the nine rulers of the Malay states, with the office de facto rotated between them, making Malaysia one of the world's few elective monarchies. In accordance with Article 41 of the Constitution, the Yang di-Pertuan Agong is Commander-in-Chief of the Malaysian Armed Forces.
Prior to 1976, the heads of state of Penang, Malacca and Sarawak were titled as "Governor" (Malay: "Gabenor"), whereas the head of state of Sabah was titled "Yang di-Pertua Negara" (lit. 'He Who is Made Leader of the Nation') in both languages. Meanwhile, the head of state in Singapore was titled "Yang di-Pertuan Negara" (lit. 'He Who is Made ...
The monarch of Malaysia is the Yang di-Pertuan Agong (YDPA), commonly referred to as the Supreme King of Malaysia. Malaysia is a constitutional elective monarchy, the Yang di-Pertuan Agong is selected for a five-year term from among the nine Sultans of the Malay states. The other four states that do not have monarch kings, are ruled by ...
The Dewan Negara (Malay for Senate, literally National Council) is the upper house of the Parliament of Malaysia, consisting of 70 senators of whom 26 are elected by the state legislative assemblies, with two senators for each state, while the other 44 are appointed by the Yang di-Pertuan Agong (King), including four of whom are appointed to ...