| Name | ASEAN – Australia – New Zealand (AANZFTA) |
| Members | ASEAN Member States (Brunei Darussalam – Cambodia – Indonesia – Laos – Malaysia – Myanmar – the Philippines -Singapore – Thailand – Vietnam) – Australia – New Zealand. |
| Type of agreement | Multilateral Free Trade Agreement |
| Date of signature | February 27, 2009 |
| Current Status | On-going |
| Key points | 1. Tariffs are progressively reduced from entry into force of the Agreement, and eliminated for at least 90% of all tariff lines within specified timelines. 2. Movement of goods are facilitated via a more modern and flexible rules of origin, simplified customs procedures, and more transparent mechanisms. 3. Barriers to trade in services are progressively liberalised allowing for greater market access to service suppliers in the region. 4. Covered investments will be accorded a range of protection, including the possibility of dealing with disputes via an investor-state dispute settlement mechanism. For more details, kindly check the link in references. |
| Annexe | https://wits.worldbank.org/GPTAD/PDF/archive/ASEAN-Australia-NZ.pdf |
| References |
| 1. ASEAN – Australia – New Zealand (AANZFTA) Trade Agreement, accessed November 2020, https://aanzfta.asean.org/aanzfta-overview |
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