Australia Free Trade Agreement With Asean

AANZFTA is a free trade agreement between the Association of Southeast Asian Nations (ASEAN), Australia and New Zealand. A regional dialogue on the preparation of negative list plans, composed of some thirty trade negotiators… Find out how our other free trade agreements compare with ASEAN members. Traders and exporters can benefit from preferential tariff treatment under the AANZFTA. To use it, products must comply with the AANZFTA`s rules of origin. AANZFTA wanted to link the ASEAN Free Trade Area (AFTA) to the Australia-New Zealand (CER) Agreement on Closer Economic Relations. This resulted in the AFTA-CER Closer Economic Partnership Agreement (CEP). The main objective of the agreement was to deepen economic integration through a work programme focused on trade facilitation and capacity building, but provided little comprehensive trade coverage. The number of countries participating in the AANZFTA makes this agreement New Zealand`s largest multi-lateral free trade agreement and an important part of the development of our relations with Southeast Asia. ASEAN is an economic market with enormous potential for New Zealand businesses and investment. Starting in 2018, ASEAN has a regional population of nearly $650 million and a GDP of $2.9 trillion.

For more information on the agreement, please see the following link: aanzfta.asean.org In order to facilitate the free movement of individuals who make trade and investments, AANZFTA has a chapter on the free movement of individuals (MNP). This chapter presents the obligations and obligations related to the temporary free movement of individuals, including: Austrade has detailed information on activities in New Zealand and in ASEAN countries: Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam. The economy ministers of ASEAN, Australia and New Zealand signed the AANZFTA agreement in Thailand on 27 February 2009. These are ASEAN`s first comprehensive free trade negotiations with dialogue partners covering all sectors: all these free trade agreements are now taking place at the same time as AANZFTA, in addition to Singapore`s closer economic partnership (2000). Better seen with Internet Explorer 10 and above with resolution 1280 x 800 AANZFTA, the first multilateral free trade agreement negotiation launched by New Zealand and Australia as a common party.

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