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