MPC presented two papers in a dialogue with ASEAN Parliamentarians held in Jakarta from 19-20 April 2018. The dialogue was co-organised by Economic Research Institute for ASEAN and East Asia (ERIA) and ASEAN Inter-Parliamentary Assembly (AIPA) with the theme “Parliamentarians Supporting the ‘Quiet Revolution’for Better Regulatory Governance”.
Y Bhg. Dato’ Mohd Razali Hussain , Director General of MPC briefed on Good Regulatory Practices (GRP) and Reducing Unnecessary Regulatory Burdens on Business (RURB).
He stressed on the importance of consultation at all stages of regulatory cycle (Ex-Ante, Design, Delivery and Review). He also highlighted that key success factors in implementing GRP and RURB are:
- Strategic Approach;
- Institutions; and
- GRP Tools
He reiterated that GRP and RURB can directly help in improving factors that impact productivity and positive impact on the economy could reach ~RM 4 billion per year on compliance cost savings.
President of ERIA, Prof Hidetoshi Nishimura in his welcoming speech highlighted the importance of parliamentarians that could help to create a better business environment, domestically and regionally by using Non-Tariff Measure and GRP.
In the opening comments, H.E. Dato’ Lim Jack Hoi, Secretary-General of ASEAN emphasised on the active role of parliamentarians as ASEAN moves towards next phase of integration which is the regulatory coherence and ease businesses to use the free market access. As the regulation and standard need to be harmonised to achieve more integrated ASEAN, the parliament can take an active role in strengthening the regulatory governance namely by:
- Ensuring trade facilitation legislation ratified in a timely manner; and
- Facilitating a consultative mechanism for regulatory cooperation.
Hon. Mr Isra Sunthornvut, Secretary General of AIPA explained how he thinks that the ASEAN cannot become a true community if the average of ASEAN people still cannot relate as part of ASEAN community stakeholder. Hon. Mr Isra also stated that it is our job to bridge our people in ASEAN to be connected with each other, not only the job for either ASEAN Secretariat or parliament.
Dialogue materials are accessible at www.mpc.gov.my