Trade in Goods
Chapter 2 of the AANZFTA on Trade in Goods details the progressive liberalisation of tariffs from the entry into force of the Agreement. AANZFTA aims to eliminate tariffs for at least 90% of products traded in the region within a specified timeline. Australia and New Zealand committed to achieve 100% elimination of tariffs by 2020.
Click here to access Annex 1 of the Agreement: Schedules of Tariff Commitments.
Further reduction or elimination of tariffs is also allowed under AANZFTA through negotiations between Parties or through a party’s unilateral action. AANZFTA also allows for future discussions among Parties on quantitative restrictions and non-tariff measures with a view of enhancing trade under the Agreement.
AANZFTA Parties are required to publish (including in the internet) laws, regulations, decisions, and rulings on matters pertaining to trade in goods.
Read the Agreement: Chapter 2. Trade in Goods
The ASEAN Secretariat
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