[SINGAPORE] The upgraded free trade agreement between Asean, Australia and New Zealand entered into force on Monday (Apr 21), said Singapore's Ministry of Trade and Industry (MTI) in a press statement. The move effectively establishes a free trade area of ​​more than 703 million people with a combined gross domestic product of more than US$5.6 trillion. This upgrade reflects the parties' commitment “to uphold an open, inclusive and rules-based multilateral trading system”, noted MTI. It also ensures that the Asean-Australia-New Zealand Free Trade Area (AANZFTA), as it is called, “remains relevant and responsive to evolving global challenges”.   https://www.businesstimes.com.sg/international/asean/upgraded-asean-australia-and-new-zealand-fta-enters-force (ICE SINGAPORE)

Fonte notizia: The Business Times, 21 April 2025