FAQs
Malaysia Strategic Trade Control Community or acronym as MYSTCC [pronounce as ‘mystic’] is an
initiative by the Ministry of Investment, Trade and Industry (MITI) to create a pool of industry players,
researchers or organisations that deal with strategic items that can provide advisory role and support on
matters related to strategic trade management to the public. MYSTCC will gather like-minded experts to
find ways to make trade as simple as possible (without impeding trade security) and to increase
awareness on STA 2010 to the Malaysian public.
The Malaysia Strategic Trade Control Community (MYSTCC) is an association under the leadership of
industry players thriving on strong support and solid partnership with MITI.
The Malaysian government, through various ministry and its agencies such as MITI, plays a key role in
establishing and enforcing strategic trade related regulations. The government also provides guidance,
support, and resources to help businesses comply with these regulations and promotes awareness of
the importance of strategic trade controls.
Malaysia Strategic Trade Act (STA) 2010 is an Act to provide for control over the export, transshipment,
transit and brokering of strategic items, including arms and related material, and other activities that
will or may facilitate the design, development and production of weapons of mass destruction and their
delivery systems and to provide for other matters connected therewith, consistent with Malaysia’s
national security and international obligations.
Strategic trade control is crucial for national and global security. It helps prevent the spread of weapons
of mass destruction (WMD) and related technologies to unauthorized entities or countries, thereby
contributing to international peace and security. It also ensures that Malaysia complies with
international obligations and standards, fostering trust and cooperation with global trade partners.
Understanding about trade control is important because it helps businesses comply with laws, protect
national and global security, manage risks, maintain a good reputation, access international markets,
operate ethically, gain a competitive edge, and foster international cooperation.
Non-compliance with Malaysia Strategic Trade Act (STA) 2010 can result in severe penalties, including
fines, imprisonment, revocation of trade licenses and even death penalty. It can also damage a
company's reputation and lead to loss of business opportunities and partnerships.
MYSTCC members have the opportunity to network with government agencies and subject matter
experts, gain access to the latest trade information, participate in exclusive workshops and training
sessions, and receive updates on regulatory changes and best practices. Membership also provides a
platform for collaboration and sharing of experiences among industry peers.
The training timetable will be published on our website at https://mystcc.com/
MYSTCC will conduct trainings so that the participants can gain a better understanding of classification
processes and requirements. These trainings help ensure accurate classification of strategic goods,
which is essential for compliance with trade control regulations.
For more information, you can visit the official MYSTCC website at https://mystcc.com/