IN FOCUS

Ministers from Australia, New Zealand and ASEAN nations celebrate the conclusion of negotiations of the AANZFTA.
Photo © Commonwealth of Australia
Australia concludes Southeast Asia trade deal
Minister for Trade Simon Crean has announced that Australia has concluded negotiations for the region-wide ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA). The final negotiations were conducted by Ministers of the 10 ASEAN countries, Australia and New Zealand at the 13th AEM-CER meeting in Singapore on 28 August 2008 . The agreement - the most comprehensive ever negotiated by ASEAN - covers goods and services, investment, intellectual property, competition policy and economic cooperation, amongst other issues. Australia's two-way trade with ASEAN was $71 billion in 2007.
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Seeking Submissions
- Do you have a view on the proposed Australia-India Free Trade Agreement?
- Theft of intellectual property is a growing problem in world trade. A new standard of intellectual property (IP) enforcement to combat the high levels of trade in counterfeit and pirated goods worldwide is being proposed.

Latest balance of trade chart, Jun 08