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Aanz Free Trade Agreement

08 Sep

Barriers to trade in services will be progressively liberalized to enable service providers in the region to benefit from improved market access; Building on the liberalization of services within the framework of the World Trade Organization (WTO), AANZFTA, through Chapter 8 on Trade in Services, further improves obligations and obligations in the area of trade in services. Under AANZFTA, Australia and New Zealand have made economic and smarter commitments in a number of service sectors. Discover the comparative results of our other free trade agreements with ASEAN members. AANZFTA is Australia`s first transnational free trade agreement. This is the first time that Australia and New Zealand have participated together in the negotiations for a free trade agreement with third countries. This is the first time that ASEAN has begun negotiations on free trade agreements covering all sectors simultaneously, including goods, services, investment and intellectual property. So this is the most comprehensive trade deal ever negotiated by ASEAN.

 
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