ASEAN - Australia - New Zealand Free Trade Area (AANZFTA)

• AANZFTA eliminates tariffs for 90% of the goods traded between ASEAN, Australia and New Zealand.
• Other tariffs are progressively reduced upon entry into force of the Agreement.
• Allows for back-to-back shipment of goods within member countries.
• Allows for third-party invoicing of goods.
• Allows for ASEAN Cumulation
• Safeguards market access and ensures a more predictable operating environment for service suppliers.
• Protection for investors and investments in ASEAN, Australia and New Zealand.

• 1 January 2010

Step 2: Find out your product's rules 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.

Is your product obtained/produced entirely within Singapore?		Wholly Obtained Rule applies
Does your product fall under the list of 'Product Specific Rules'? Click here to find out		Product Specific Rule applies
40% of its content must originate from the ASEAN-Australia-New Zealand region or non-originating raw materials must have undergone a change in the first 4 digits of the HS code from the finished good.

Is your product obtained/produced entirely within Singapore?
	Wholly Obtained Rule applies
Does your product fall under the list of 'Product Specific Rules'? Click here to find out
	Product Specific Rule applies
40% of its content must originate from the ASEAN-Australia-New Zealand region or non-originating raw materials must have undergone a change in the first 4 digits of the HS code from the finished good.

Singapore Customs is the authorised body in Singapore for FTA Preferential Certificate of Origin (PCO) application. Below are the three general documentary processes in using FTA.

The process from registration to receiving PCO would typically take less than one month. Please refer here for more information.

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Access the AANZFTA website for more information on the AANZFTA agreement, as well as on economic cooperation, resources, news and events.