ASEAN – Australia – New Zealand Free Trade Area (AANZFTA)
About this agreement
The ASEAN – Australia – New Zealand Free Trade Area (AANZFTA), eliminates tariffs for 90% of the goods traded between ASEAN, Australia and New Zealand and covers 100% of Singapore’s trade volume with Australia and New Zealand. It is also ASEAN’s most comprehensive ASEAN-Plus FTA to date, encompassing areas such as intellectual property, competition and electronic commerce.
The Agreement establishing the AANZFTA was upgraded in Aug 2023, with novel provisions beyond Singapore’s and ASEAN’s Free Trade Agreements (FTAs). This includes areas such as such as supply chain resilience for essential goods, simplified rules of origin, a standalone Chapter on Trade and Sustainable Development. Enhancements were also made in areas such as e-commerce, investment, services, consumer protection and government procurement.
Use the Tariff Finder to see if your product is eligible to enjoy this FTA's tariff concessions.
Alternatively, you can explore the following steps to check your eligibility.
Your product’s preferential rate
Your product’s rule of origin
Rules of origin are a set of criteria which determine a product's originating status in each respective FTA.
It is put in place to ensure that only goods originating from the FTA partner countries will benefit from tariff concessions.
Singapore Customs is the authorised body in Singapore for FTA Preferential Certificate of Origin (PCO) application.If your product is eligible, follow these application steps to enjoy tariff concessions:
- Register your factory with Singapore Customs using the Manufacturer’s Application Form
- Submit the Manufacturing Cost Statement
- Apply for a Preferential Certificate of Origin (PCO)
The process from registration to receiving the PCO typically takes less than one month.