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The outcome of the 13th Round of the FTA negotations between the Association of South East Asian Nations (ASEAN), Australia and New Zealand was better than expected but not as good as hoped.
Taking place in Jakarta between 4 and 8 March the trade negotiation round saw considerable progress made on the texts for services, investment, and goods in particular. The shape of the deal is beginning to emerge, and there is a new sense of urgency amongst all parties to complete the agreement. That said, considerable work will still be required in all areas to ensure a successful conclusion.
The penultimate round of negotiations is to be held in Brisbane between the 21 and 24 April. As well as further progress on the texts for goods, investment and services, work will be needed on market access. New Zealand will also continue to seek outcomes in labour and environment.
Negotiations are in the closing stages. Consequently any further detailed information from business about any trade and investment barriers which they would like the FTA to address would be welcomed.
For more information please contact Luke Leonard, AANZFTA Coordinator, luke.leonard@mfat.govt.nz or 04 439 8084.
