Free Trade Agreement Nz Australia

Find out how our other free trade agreements compare with ASEAN members. Our exports to Thailand have almost doubled since the agreement came into force. The Australia-New Zealand Closer Economic Relations Trade Agreement (CER) is a free trade agreement between the governments of New Zealand and Australia. On March 28, 1983, the treaty itself was signed only by the Australian Deputy Prime Minister and Trade Minister Lionel Bowen and the New Zealand High Commissioner for Australia, Laurie Francis, in Canberra, Australia. The NZ-Malaysia Free Trade Agreement includes trade in goods and services as well as investments in one of our fastest growing export markets. A guide to New Zealand`s free trade agreement with ASEAN and Australia and AANZFTA updates. NZ also has bilateral trade agreements with Malaysia, Australia and Thailand. Distributors should consider the agreement that is most beneficial to their imported/exported products. The ERC was built on the former New Zealand Free Trade Agreement (NAFTA), signed on August 31, 1965 and entered into force on January 1, 1966.

NAFTA had lifted four-fifths of tariffs between the two countries and quantitative restrictions on trade in the Tasmanian Sea. But it was deemed too complex and bureaucratic, and in March 1980 a joint statement by the Prime Minister was issued calling for “closer economic relations.” A regional dialogue on the preparation of negative list plans, composed of some thirty trade negotiators… For other questions about free trade agreements, E-Mail-export2fta@customs.govt.nz – we will endeavour to respond to emails within 48 hours. Here is a list of the free trade agreements that include New Zealand. In parentheses, the abbreviation, if any, membership, unless indicated in advance, and the date of entry into force. We are negotiating a revaluation of our existing free trade agreement with ASEAN to modernize it, further reduce export barriers and boost trade in the region. Organizations such as CANZUK International have also called for the ERC and Trans-Tasman Travel to be extended to the UK and Canada, allowing free trade and free movement of people in four of the Commonwealth`s largest empires. The Enhanced Economic Partnership Agreement between New Zealand and Hong Kong,China (NZ-HKC CEP) was signed on 29 March 2010 in Hong Kong and came into force on 1 January 2011.

The agreement allows products exported from Hong Kong, China, to receive preferential tariff treatment upon importation into the NZ. Currently, all those who are imported into Hong Kong, China, are duty free, regardless of their origin. The agreement ensures that in the future, New Zealand goods imported into Hong Kong will remain duty-free in China.