Review of the ASEAN-Australia-NZ FTA (AANZFTA)—2017 Submission

Submission Overview

The ECA supports the objective of stronger trade and investment relationships with the countries of ASEAN, and supports AANZFTA. However, the ECA is concerned that Australian businesses do not fully utilise the benefits of the agreement.

To add to DFAT's efforts to increase awareness of whether and how AANZFTA benefits Australian businesses, the ECA recommends the Australian Government pursue some small but significant changes as part of the AANZFTA review. These include:

- Simplifying rules of origin (RoO)
- Introducing measures to improve trade facilitation
- Upgrading AANZFTA to become a more 'modern' agreement

Review of the ASEAN-Australia-NZ FTA (AANZFTA)—2017 Submission

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Ed Serrano
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VEKTA Advanced Automation
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"In 2014 Vekta Automation became involved in the Export Awards and started to get a better understanding about the role of the Export Council of Australia. After attending a seminar in Perth in February 2019 the decision was instantly made and we signed up the next day. A decision we should have made 5 years earlier. For Vekta, the information, expertise and networking opportunities that the ECA provides has been valuable. It is reassuring knowing that there are experienced and knowledgeable people we can turn to when advice is needed."

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