TPP Free Trade Deal to Be Signed On Feb 4

New Zealand will host the signing ceremony for the Trans-Pacific Partnership Agreement on February 4, 2016. The deal was reached on 5 October 2015 after 7 years of negotiations.

The Trans-Pacific Partnership Agreement (“TPP”) is a free trade agreement between nine countries: The United States, Australia, Brunei Darussalam, Chile, Malaysia, New Zealand, Peru, Singapore, and Vietnam.

Check for more here & here.

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News from ASEAN

* Timor-Leste Remains Committed to Join ASEAN

 

Timor-Leste remains committed to joining ASEAN and is currently rolling out measures at the national level to consolidate its bid for membership of ASEAN.

 

Check here for more.

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* ASEAN to Pilot Customs Transit System

 

An ASEAN Customs Transit System (ACTS) will be piloted in Malaysia, Singapore and Thailand. The system, aimed at facilitating the movement of transit goods by road within ASEAN.

 

Read more following the link.

 

Canada & Mexico Invited to Join to Pacific-Trade Talks

Canada and Mexico were invited to join nine nations negotiating a Multi-Nation Pacific Trade Agreement.

The other nine countries included in the negotiones are U.S., Australia, Brunei, Chile, Malaysia, New Zealand, Peru, Singapore and Vietnam.

 

More here and here.

EU-Vietnam Negations on FTA

31 May 2012, Brussels

 

After Malaysia and Singapore,  Vietnam is the third ASEAN’s country with which EU will negotiate a free trade agreement.

 

More here.

 

Australia & Malaysia Signed a FTA

23 May 2012, Canberra

 

Australia and Malaysia have signed a free trade agreement (FTA) tagged MAFTA. The deal will guarantee tariff-free entry for 97.60 percent of goods imports by Malaysia from Australia once it enters into force and will rise to 99% by 2017.

 

More about Australian FTAs on the on Department of Foreign Affairs and Trade, Australian Government.