Ministry of Foreign Affairs & Trade | 195 Lambton Quay, Private Bag 18 901, Wellington 5045, New Zealand
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Second Protocol to Amend the Agreement Establishing the ASEAN-Australia-New Zealand Free Trade Area
Treaty Code:
B2023-15
Treaty Type:
Bilateral/Plurilateral
Common Name:
AANZFTA Upgrade
Responsible Department:
Foreign Affairs and Trade
Administering Department:
Foreign Affairs and Trade
Treaty Status:
In Force
Treaty Summary:
In 2023, member countries agreed on the Second Protocol that will upgrade the Agreement establishing AANZFTA. The Second Protocol amends the existing AANZFTA to modernise its commitments while also adding new areas into the Agreement. The Second Protocol will update AANZFTA’s trade rulebook as well as market access commitments in services and investment. This will bring AANZFTA’s provisions into line with comparable recent FTAs. The benefits include simpler processes at the border for New Zealand goods and a modernised approach to e-commerce.
The Protocol will help ensure AANZFTA remains a modern, high-quality FTA that supports New Zealanders to effectively and efficiently export to and invest in the ASEAN region.
The Second Protocol was signed by New Zealand at the sidelines of the 55th ASEAN Economic Ministers’ Meeting on 21 August 2023 in Semarang, Indonesia. Once the Second Protocol enters into force, the provisions of the Second Protocol will effectively replace the provisions of the original AANZFTA Agreement and First Protocol, where provided for in the Second Protocol.
NZ Adherence Status:
In Force
Adherence Type:
Ratified
Signature Date:
21/08/2023
Adherence Date:
Expired:
No
Date Concluded:
21/08/2023
Place Concluded:
Semarang
Entry Into Force Date:
21/04/2025
NZ Entry Into Force Date:
21/04/2025
Termination Date:
Withdrawal Date:
Withdrawal Notification Date:
NZ Objections:
No
NZ Reservations:
No
NZ Declarations:
No
NZ Territorial Applications:
None
NZTS Number:
UNTS Number:
Associated Treaties:
Other References:
Treaty Text Link:
Parties:
Contact Information:
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