Scoop has an Ethical Paywall
New Zealand Ratifies AANZFTA Upgrade
Hon Todd
McClay
Minister for Trade
New Zealand has ratified the Upgrade to the Agreement establishing the ASEAN-Australia-New Zealand Free Trade Area (AANZFTA), Minister for Trade Todd McClay announced today.
“ASEAN which is comprised of Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam, is New Zealand’s fourth largest trading partner in two-way trade – and is home to some of our fastest growing export markets.
“Trade into Southeast Asia has more than doubled since AANZFTA entered into force in 2010 is now worth over $9 billion. The upgrade will continue to support this grow.
“The AANZFTA Upgrade future proofs trade into Southeast Asia and will help achieve our ambitious goal to double exports by value in 10 years.
The upgrade addresses trade barriers and creates more streamlined and efficient processing of goods across borders and improves conditions for trade in services and e-commerce,” Mr McClay says.
The Upgrade will enter into force when four ASEAN Parties, New Zealand and Australia have completed their ratification processes.
Gordon Campbell: On Why GP Practices Are In Crisis
Richard Shaw, The Conversation: NZ Governments Enjoy An ‘Executive Paradise’ – A Longer Parliamentary Term Won’t Change That
PSA: PSA Oranga Tamariki Social Workers, Supervisors, Care And Protection Workers To Strike Tomorrow
CultureShift NZ: “Just The Tip Of The Iceberg” - Warns CultureShift NZ After The Release Of The Manurewa Marae Investigation Report
Public Housing Futures: 72% Of People Think The Government Should Be Building State Housing At Scale Ahead Of Infrastructure Summit
Tūpuna Maunga Authority: Breathing New Life Into Takarunga/ Mt Victoria - Revitalising The Summit
WasteMINZ: Despite Meal Planning Efforts, Kiwis Waste $2.9 Billion In Food Annually – 4 Steps Could Hold The Key To Cutting Waste
