AANZFTA

ASEAN-Australia-New Zealand Free Trade Area (AANZFTA)

AANZFTA was signed by the Economic Ministers of ASEAN, Australian and New Zealand at the 13th ASEAN Summit on 27 February 2009 in Thailand; and to be implemented 1 January 2010.

Upon entry into force in 2010, Australia and New Zealand will eliminate import duties on 96.4% and 83.6% of their tariff lines, respectively.

Malaysia’s offers in Trade in Goods:

Track Number of
Tariff Lines
%
Normal Track 9,648 91.3
Sensitive Track 1 547 5.2
Sensitive Track 2 278 2.6
Exclusion List 97 0.9
Total 10,570 100

The products excluded are rice, alcohol and liquor beverages, used tyres, arms and weapons.


Source: MITI