Australia New Zealand Asean Free Trade Agreement

For more information on the agreement, please see the following link: We are negotiating a revaluation of our free trade agreement with ASEAN to modernize it, further reduce trade barriers and boost trade in the region. Barriers to trade in services will be progressively liberalized, allowing better market access for service providers in the region; Provisions freely authorizing transfers related to covered investments A regional dialogue on the establishment of negative list plans, made up of some thirty trade negotiators … Find out how our other free trade agreements compare with ASEAN members. facilitate the free movement of businessmen engaged in commercial and investment activities; and visit the AANZFTA website for more information on the AANZFTA agreement, as well as economic cooperation, resources, news and events. Chapter 2 of the agreement provides for a gradual liberalisation of tariffs from the entry into force of the AANZFTA agreement. The goal is to eliminate at least 90% of products marketed in the region within a specified time frame. Australia and New Zealand have pledged to eliminate tariffs 100% by 2020. On the basis of the liberalization of services within the framework of the World Trade Organization (WTO), AANZFTA continues to improve the trade obligations and obligations of services through Chapter 8 on Trade in Services. Under the AANZFTA, Australia and New Zealand have made interesting commitments in a number of service sectors. In order to facilitate the free movement of individuals in trade and investment, the AANZFTA has a chapter on the free movement of individuals (MNP). This chapter contains obligations and obligations regarding the temporary free movement of individuals, including: AANZFTA is a comprehensive and unified economic agreement that has opened and created new opportunities for the 650 million peoples of ASEAN, Australia and New Zealand, which, through a more liberal, easier and more transparent access platform and investment regime, have an overall power of US$4.2 trillion among the signatories to the agreement. AANZFTA is Australia`s first multi-country free trade agreement.

This is the first time that Australia and New Zealand have participated together in the negotiations of a free trade agreement with third countries. This is the first time ASEAN has entered into negotiations for a free trade agreement in all sectors, including goods, services, investment and intellectual property. This is the most comprehensive trade agreement ever negotiated by ASEAN. The ASEAN-Australia-New Zealand Free Trade Area (AANZFTA) is one of the most dynamic economic regions in the world.