diff --git a/jerry-core/parser/js/js-parser-module.c b/jerry-core/parser/js/js-parser-module.c
index b92c8f62a..bfc053e7f 100644
--- a/jerry-core/parser/js/js-parser-module.c
+++ b/jerry-core/parser/js/js-parser-module.c
@@ -327,11 +327,8 @@ parser_module_parse_export_clause (parser_context_t *context_p) /**< parser cont
 
     lexer_construct_literal_object (context_p, &context_p->token.lit_location, LEXER_IDENT_LITERAL);
 
-    local_name_p = ecma_new_ecma_string_from_utf8 (context_p->lit_object.literal_p->u.char_p,
-                                                   context_p->lit_object.literal_p->prop.length);
-
-    ecma_ref_ecma_string (local_name_p);
-    export_name_p = local_name_p;
+    uint16_t local_name_index = context_p->lit_object.index;
+    uint16_t export_name_index = PARSER_MAXIMUM_NUMBER_OF_LITERALS;
 
     lexer_next_token (context_p);
     if (context_p->token.type == LEXER_LITERAL
@@ -342,20 +339,30 @@ parser_module_parse_export_clause (parser_context_t *context_p) /**< parser cont
       if (context_p->token.type != LEXER_LITERAL
           || context_p->token.lit_location.type != LEXER_IDENT_LITERAL)
       {
-        ecma_deref_ecma_string (local_name_p);
-        ecma_deref_ecma_string (export_name_p);
         parser_raise_error (context_p, PARSER_ERR_IDENTIFIER_EXPECTED);
       }
 
       lexer_construct_literal_object (context_p, &context_p->token.lit_location, LEXER_IDENT_LITERAL);
 
-      ecma_deref_ecma_string (local_name_p);
-      export_name_p = ecma_new_ecma_string_from_utf8 (context_p->lit_object.literal_p->u.char_p,
-                                                      context_p->lit_object.literal_p->prop.length);
+      export_name_index = context_p->lit_object.index;
 
       lexer_next_token (context_p);
     }
 
+    lexer_literal_t *literal_p = PARSER_GET_LITERAL (local_name_index);
+    local_name_p = ecma_new_ecma_string_from_utf8 (literal_p->u.char_p, literal_p->prop.length);
+
+    if (export_name_index != PARSER_MAXIMUM_NUMBER_OF_LITERALS)
+    {
+      lexer_literal_t *as_literal_p = PARSER_GET_LITERAL (export_name_index);
+      export_name_p = ecma_new_ecma_string_from_utf8 (as_literal_p->u.char_p, as_literal_p->prop.length);
+    }
+    else
+    {
+      export_name_p = local_name_p;
+      ecma_ref_ecma_string (local_name_p);
+    }
+
     if (parser_module_check_duplicate_export (context_p, export_name_p))
     {
       ecma_deref_ecma_string (local_name_p);
@@ -413,10 +420,8 @@ parser_module_parse_import_clause (parser_context_t *context_p) /**< parser cont
 
     lexer_construct_literal_object (context_p, &context_p->token.lit_location, LEXER_IDENT_LITERAL);
 
-    local_name_p = ecma_new_ecma_string_from_utf8 (context_p->lit_object.literal_p->u.char_p,
-                                                   context_p->lit_object.literal_p->prop.length);
-    ecma_ref_ecma_string (local_name_p);
-    import_name_p = local_name_p;
+    uint16_t import_name_index = context_p->lit_object.index;
+    uint16_t local_name_index = PARSER_MAXIMUM_NUMBER_OF_LITERALS;
 
     lexer_next_token (context_p);
     if (context_p->token.type == LEXER_LITERAL
@@ -427,19 +432,30 @@ parser_module_parse_import_clause (parser_context_t *context_p) /**< parser cont
       if (context_p->token.type != LEXER_LITERAL
           || context_p->token.lit_location.type != LEXER_IDENT_LITERAL)
       {
-        ecma_deref_ecma_string (local_name_p);
-        ecma_deref_ecma_string (import_name_p);
         parser_raise_error (context_p, PARSER_ERR_IDENTIFIER_EXPECTED);
       }
 
       lexer_construct_literal_object (context_p, &context_p->token.lit_location, LEXER_IDENT_LITERAL);
 
-      ecma_deref_ecma_string (local_name_p);
-      local_name_p = ecma_new_ecma_string_from_utf8 (context_p->lit_object.literal_p->u.char_p,
-                                                     context_p->lit_object.literal_p->prop.length);
+      local_name_index = context_p->lit_object.index;
+
       lexer_next_token (context_p);
     }
 
+    lexer_literal_t *literal_p = PARSER_GET_LITERAL (import_name_index);
+    import_name_p = ecma_new_ecma_string_from_utf8 (literal_p->u.char_p, literal_p->prop.length);
+
+    if (local_name_index != PARSER_MAXIMUM_NUMBER_OF_LITERALS)
+    {
+      lexer_literal_t *as_literal_p = PARSER_GET_LITERAL (local_name_index);
+      local_name_p = ecma_new_ecma_string_from_utf8 (as_literal_p->u.char_p, as_literal_p->prop.length);
+    }
+    else
+    {
+      local_name_p = import_name_p;
+      ecma_ref_ecma_string (local_name_p);
+    }
+
     if (parser_module_check_duplicate_import (context_p, local_name_p))
     {
       ecma_deref_ecma_string (local_name_p);
diff --git a/tests/jerry/fail/regression-test-issue-2908-1.js b/tests/jerry/fail/regression-test-issue-2908-1.js
new file mode 100644
index 000000000..7ca0e3342
--- /dev/null
+++ b/tests/jerry/fail/regression-test-issue-2908-1.js
@@ -0,0 +1,16 @@
+/* Copyright JS Foundation and other contributors, http://js.foundation
+ *
+ * Licensed under the Apache License, Version 2.0 (the "License");
+ * you may not use this file except in compliance with the License.
+ * You may obtain a copy of the License at
+ *
+ *     http://www.apache.org/licenses/LICENSE-2.0
+ *
+ * Unless required by applicable law or agreed to in writing, software
+ * distributed under the License is distributed on an "AS IS" BASIS
+ * WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or implied.
+ * See the License for the specific language governing permissions and
+ * limitations under the License.
+ */
+
+import{p0hc"=
diff --git a/tests/jerry/fail/regression-test-issue-2908-2.js b/tests/jerry/fail/regression-test-issue-2908-2.js
new file mode 100644
index 000000000..b80a24ab7
--- /dev/null
+++ b/tests/jerry/fail/regression-test-issue-2908-2.js
@@ -0,0 +1,16 @@
+/* Copyright JS Foundation and other contributors, http://js.foundation
+ *
+ * Licensed under the Apache License, Version 2.0 (the "License");
+ * you may not use this file except in compliance with the License.
+ * You may obtain a copy of the License at
+ *
+ *     http://www.apache.org/licenses/LICENSE-2.0
+ *
+ * Unless required by applicable law or agreed to in writing, software
+ * distributed under the License is distributed on an "AS IS" BASIS
+ * WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or implied.
+ * See the License for the specific language governing permissions and
+ * limitations under the License.
+ */
+
+import{a as p0hc"=
diff --git a/tests/jerry/fail/regression-test-issue-2908-3.js b/tests/jerry/fail/regression-test-issue-2908-3.js
new file mode 100644
index 000000000..d184360d0
--- /dev/null
+++ b/tests/jerry/fail/regression-test-issue-2908-3.js
@@ -0,0 +1,16 @@
+/* Copyright JS Foundation and other contributors, http://js.foundation
+ *
+ * Licensed under the Apache License, Version 2.0 (the "License");
+ * you may not use this file except in compliance with the License.
+ * You may obtain a copy of the License at
+ *
+ *     http://www.apache.org/licenses/LICENSE-2.0
+ *
+ * Unless required by applicable law or agreed to in writing, software
+ * distributed under the License is distributed on an "AS IS" BASIS
+ * WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or implied.
+ * See the License for the specific language governing permissions and
+ * limitations under the License.
+ */
+
+export{p0hc"=
diff --git a/tests/jerry/fail/regression-test-issue-2908-4.js b/tests/jerry/fail/regression-test-issue-2908-4.js
new file mode 100644
index 000000000..d3d2af469
--- /dev/null
+++ b/tests/jerry/fail/regression-test-issue-2908-4.js
@@ -0,0 +1,16 @@
+/* Copyright JS Foundation and other contributors, http://js.foundation
+ *
+ * Licensed under the Apache License, Version 2.0 (the "License");
+ * you may not use this file except in compliance with the License.
+ * You may obtain a copy of the License at
+ *
+ *     http://www.apache.org/licenses/LICENSE-2.0
+ *
+ * Unless required by applicable law or agreed to in writing, software
+ * distributed under the License is distributed on an "AS IS" BASIS
+ * WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or implied.
+ * See the License for the specific language governing permissions and
+ * limitations under the License.
+ */
+
+export{a as p0hc"=