The ASEAN-Australia-New Zealand Free Trade Agreement will come into force 01 January 2010, following discussion between ASEAN leaders at the East Asia Summity in Thailand late October.

The Free Trade Agreement will establish the ASEAN-Australia-New Zealand Free Trade area, spanning 12 economies with more than 600,000 million people and a combined GDP of US$3.1 trillion.? The Agreement covers 20 per cent of Australia’s two-way trade, worth US$112 billion and will eliminate tariffs on 90 per cent of Australia’s current exports to ASEAN nations by 2020.

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• Australia, NZ join ASEAN

     The ASEAN-Australia-New Zealand Free Trade Agreement will come into force 01 January 2010, following discussion between ASEAN leaders at the East Asia Summity in Thailand late October.

• Australian, NZ join ASEAN

     The ASEAN-Australia-New Zealand Free Trade Agreement will come into force 01 January 2010, following discussion between ASEAN leaders at the East Asia Summity in Thailand late October. The Free Trade Agreement will establish the ASEAN-Australia-New Zealand Free Trade area, spanning 12 economies with more than 600,000 million people and a

• India signs partial FTAs with ASEAN pact

    The Association of South-East Asian Nations (ASEAN) Thursday signed a partial free-trade agreement with India which is expected to boost bilateral trade by an estimated 13 billion dollars over the next six years. Under the ASEAN-India Trade in Goods Agreement signed in Bangkok, tariffs will be reduced to zero on 71

• India signs partial FTAs with ASEAN pact

    The Association of South-East Asian Nations (ASEAN) Thursday signed a partial free-trade agreement with India which is expected to boost bilateral trade by an estimated 13 billion dollars over the next six years. Under the ASEAN-India Trade in Goods Agreement signed in Bangkok, tariffs will be reduced to zero on 71

• China, ASEAN Sign Investment Agreement

     China and the 10-nation Association of Southeast Asian Nations signed a bilateral investment agreement, signaling that the China-ASEAN Free Trade Agreement the two sides signed earlier to cover trade in goods and services can now be implemented on schedule next January. The China-ASEAN FTA will be the first free trade

• Shenzhen port sees 10.8% increase in exports to ASEAN in H1

     Shenzhen Port, one of China’s busiest ports, exported 7.85 billion U.S. dollar worth of goods to the Association of Southeast Asian Nations (ASEAN) in the first half of this year, up 10.8 percent year on year despite the global economic downturn, according to Shenzhen Customs House Saturday. General trade with

• Taiwanese shippers to start North China-SE Asia Services

    Evergreen Marine Corp. and Wan Hai Lines Ltd. will join forces to launch shipping services between northern China and Southeast Asia in July, in light of strong demand caused by booming trade in the area, a spokeswoman for Evergreen said Friday Evergreen Marine, Taiwan’s largest shipper, and Wan Hai will

• July throughput requires Shenzhen HK

     Shenzhen displaced Hong Kong as the world’s third-busiest container port last month – the first time this year – by moving a record 2.13 million TEUs compared to Hong Kong’s 2.06 million TEUs.The mainland port’s container throughput was higher on a monthly basis, though. It has always lagged behind Hong

• ICTSI among the top 100 ASEAN wealth makers

    New York-based management advisor Stern Stewart & Co. has included International Container Terminal Services, Inc. (ICTSI) in its Association of Southeast Asian Nations (ASEAN) 100 Relative Wealth Added (RWA) Index list for 2009. Read at ICTSI among ASEANâ??s top 100 â??wealth makersâ??

• Vietnam: Imports of iron and steel industry hit hard

    Thanks to the economic recovery, steel prices rose from VND9 million a ton to VND12 million in the third quarter. But soon millions of tons of steel began to be imported and sold at VND300,000-500,000 a ton cheaper than local products, forcing firms to reduce their prices at least three