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


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Ed Serrano
Managing Director,
VEKTA Advanced Automation
Member of the ECA

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Export Finance Australia Oct 2020