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Trade Agreements  -  oceania

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Trade Agreements

Australia - New Zealand Closer Economic Partnership

Area of Cooperation

Goods, Services (excluded: some telecom, air, airport, costal shipping, some types of insurances, postal services), Governement procurement, Trade Facilitation, Labor and Enviromental standards

Sign Date

January 1, 1983

In Force Date

December 31, 1969

Summary

The Australian New Zealand Closer Economic Relations Trade Agreement (ANZCERTA) aims to strengthen the partners’ relations, to eliminate trade barriers between the two countries, to develop closer economic relations, promote fair competition in trade within the two countries. ANZCERTA was entered into force in 1983 and began as an effort to integrate the two countries through free trade in goods and services. Once the initial goals were met, the governments from both countries have moved to a deeper integration of the two economies.

http://www.fta.gov.au/default.aspx?FolderID=285&ArticleID=231


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Papua New Guinea - Australia Trade and Commercial Region

Area of Cooperation

Agricultural, livestock, fisheries, goods

Sign Date

January 1, 1991

In Force Date

December 31, 1969

Singapore - Australia Free Trade Agreement

Area of Cooperation

Goods (No provisions for coverage of agricultural goods) Services (Financial and Telecommunications) Government Procurement, Investment, Competition Policy, Intellectual Property, Dispute Settlement, Trade Facilitation, Labor Mobility, Labor and Environment

Sign Date

January 1, 2003

In Force Date

December 31, 1969

Summary

The Singapore – Australia Free Trade Agreement was signed in 2002 after 10 rounds of meetings and negotiations.  SAFTA will be the first bilateral free trade agreement the Australia has entered into, as the last one was in 1983 with New Zealand.  According to the agreement, all tariffs will be eliminated, Australian exporters will gain more market access and the market will be more open and predictable.  Investors from Singapore will have more opportunities to invest in   Australia.  The customs procedures will be improved and Singapore will have access to the Australian workforce.  The FTA will not only benefit the economies of both countries but the service industry as well.

http://www.fta.gov.sg/fta/pdf/FTA_SAFTA_Agreement.pdf


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South Pacific Regional Trade and Economic Cooperation Agreement

Cook IslandsCook Islands
FijiFiji
KiribatiKiribati
Marshall IslandsMarshall Islands
Micronesia (Federated States Of)Micronesia (Federated States Of)
NauruNauru
PalauPalau
SamoaSamoa
Solomon IslandsSolomon Islands
TongaTonga
TuvaluTuvalu
VanuatuVanuatu

Area of Cooperation

Industrial, Agriculture, fisheries

Sign Date

January 1, 1981

In Force Date

December 31, 1969

Summary

New Zealand, Australia and the countries of the South Pacific Forum signed the South Pacific Regional Trade and Economic Cooperation Agreement in 1981.  Under the agreement, the products coming from South Pacific Forum countries will have duty free access to the markets in both Australia and New Zealand.

http://www.austlii.edu.au/au/other/dfat/treaties/1982/31.html


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Thailand - Australia Free Trade Agreement

Area of Cooperation

Goods: Agriculture, Meat, Horticulture, Dairy, Sugar, Wine, Processed food and beverages, automotive, services, investment, intellectual property, dispute settlement, trade facilitation, labor mobility

Sign Date

January 1, 2004

In Force Date

December 31, 1969

Summary

In Force since 2005, the Thailand-Australia Free Trade Agreement (TAFTA) is a market opening agreement which allows Australian products greater access.  Upon entry into force, Thailand eliminated more than half of its tariff, which over a significant amount of Australian exports. While Australian exports were previously pushed out of the Thailand market due to quotas and high tariffs, it now has access in numerous areas.

http://www.thaifta.com/english/eng_au.html


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United States - Australia Free Trade Agreement

United States of AmericaUnited States of America

Area of Cooperation

Agribusiness, automotive, building and construction, education, food and beverage, financial services, giftware, minerals and metal, mining equipment and services, professional services, rail equipment and services, information and communication technology

Sign Date

January 1, 2004

In Force Date

December 31, 1969

Summary

Signed in 2004 and in force since 2005, the Australia-United States Free Trade Agreement opens up to Australia the world’s largest economy.  The United States is perhaps the most significant trading and investment partner to Australia as it aims to create a transparent business environment.  The United States will also allow Australia access to its market.

http://www.ustr.gov/Trade_Agreements/Bilateral/Australia_FTA/Final_Text/Section_Index.html


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Australia - New Zealand Closer Economic Partnership

Area of Cooperation

Goods, Services (excluded: some telecom, air, airport, costal shipping, some types of insurances, postal services), Governement procurement, Trade Facilitation, Labor and Enviromental standards

Sign Date

January 1, 1983

In Force Date

December 31, 1969

Summary

The Australian New Zealand Closer Economic Relations Trade Agreement (ANZCERTA) aims to strengthen the partners’ relations, to eliminate trade barriers between the two countries, to develop closer economic relations, promote fair competition in trade within the two countries. ANZCERTA was entered into force in 1983 and began as an effort to integrate the two countries through free trade in goods and services. Once the initial goals were met, the governments from both countries have moved to a deeper integration of the two economies.

http://www.fta.gov.au/default.aspx?FolderID=285&ArticleID=231


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New Zealand - Singapore Closer Economic Partnership

Area of Cooperation

Goods, Services, Government Procurement, Investment, Competition Policy, Intellectual Property, Dispute Settlement, Trade Facilitation

Sign Date

January 1, 2000

In Force Date

December 31, 1969

Summary

One of the most comprehensive trade agreements entered into by New Zealand, The New Zealand – Singapore Closer Economic Partnership address goods, services, investment and barriers.   Through the agreement, New Zealand has set up its first technology center in Singapore encouraging international business.  Economic cooperation and the overall market access has improved significant with the agreement.  Under the agreement, both countries will: eliminate tariffs (allowing numerous Singapore exports to gain preferential market access), liberalize service sectors, commit to a set of rules and framework, establish a Mutual Recognition agreement and establish a government procurement market.

http://www.fta.gov.sg/fta/pdf/anzscep.pdf


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South Pacific Regional Trade and Economic Cooperation Agreement

Cook IslandsCook Islands
FijiFiji
KiribatiKiribati
Marshall IslandsMarshall Islands
Micronesia (Federated States Of)Micronesia (Federated States Of)
NauruNauru
PalauPalau
SamoaSamoa
Solomon IslandsSolomon Islands
TongaTonga
TuvaluTuvalu
VanuatuVanuatu

Area of Cooperation

Industrial, Agriculture, fisheries

Sign Date

January 1, 1981

In Force Date

December 31, 1969

Summary

New Zealand, Australia and the countries of the South Pacific Forum signed the South Pacific Regional Trade and Economic Cooperation Agreement in 1981.  Under the agreement, the products coming from South Pacific Forum countries will have duty free access to the markets in both Australia and New Zealand.

http://www.austlii.edu.au/au/other/dfat/treaties/1982/31.html


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Thailand - New Zealand Closer Economic Partnership Agreement

Area of Cooperation

Goods, Services, Government Procurement, Investment, Competition Policy, Intellectual Property, Dispute Settlement, Trade Facilitation, Labor and Environmental Standards

Sign Date

January 1, 2005

In Force Date

December 31, 1969

Summary

In force since 2005, the New Zealand-Thailand Closer Economic Partnership (CEP) will open up the Thailand market to New Zealand exporters.  All tariffs on New Zealand goods to Thailand will be eliminated by 2025 and New Zealand will eliminate all tariffs on Thai goods by 2015. The New Zealand government said in a press statement, "The CEP is seen by both sides to be not just of economic importance but also of strategic importance. It will make both countries more competitive in the global market place by encouraging Thais and New Zealanders to pool their expertise, ideas, technology and resources.”

http://www.mft.govt.nz/tradeagreements/thainzcep/pdfs/thainzcep-december2004.pdf


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Trans-Pacific Strategic Economic Partnership Agreement

Area of Cooperation

Goods, Services (excluding Core Air transport services and financial services) Government procurement, Competition Policy, Intellectual Property, Dispute Settlement, Trade Facilitation, Labor Mobility, Labor and Environmental Standards, Capacity Building

Sign Date

January 1, 2005

In Force Date

December 31, 1969

Summary

The Trans-Pacific Strategic Economic Partnership Agreement was concluded in 2005.  The Agreement has previously been know as the Pacific Tree FTA; however, upon the entry of Brunei, it changed to its current title.  It spans three continents, the first FTA to do so, and it seeks to connect the economies of the involved countries.  Most of the tariffs were eliminated upon entry into force as well as immediate market access.

http://www.mfat.govt.nz/Trade-and-Economic-Relations/0--Trade-archive/0--Trade-agreements/Trans-Pacific/0-sep-index.php


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Papua New Guinea - Australia Trade and Commercial Region

Area of Cooperation

Agricultural, livestock, fisheries, goods

Sign Date

January 1, 1991

In Force Date

December 31, 1969

South Pacific Regional Trade and Economic Cooperation Agreement

Cook IslandsCook Islands
FijiFiji
KiribatiKiribati
Marshall IslandsMarshall Islands
Micronesia (Federated States Of)Micronesia (Federated States Of)
NauruNauru
PalauPalau
SamoaSamoa
Solomon IslandsSolomon Islands
TongaTonga
TuvaluTuvalu
VanuatuVanuatu

Area of Cooperation

Industrial, Agriculture, fisheries

Sign Date

January 1, 1981

In Force Date

December 31, 1969

Summary

New Zealand, Australia and the countries of the South Pacific Forum signed the South Pacific Regional Trade and Economic Cooperation Agreement in 1981.  Under the agreement, the products coming from South Pacific Forum countries will have duty free access to the markets in both Australia and New Zealand.

http://www.austlii.edu.au/au/other/dfat/treaties/1982/31.html


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