Continued commitment by Australia, New Zealand to support ASEAN hailed

Welcoming the progress of upgrading negotiations of the Second Protocol to amend the agreement establishing the AANZFTA, the meeting noted that the upgraded AANZFTA would provide value-added elements that take into account modern trade practices, including government procurement, trade and sustainable development, and micro-, small and medium enterprises (MSMEs), competition, e-commerce and trade facilitation, a joint statement released at the conclusion of the meeting said.

The meeting hailed the insights proposed by the Australia-ASEAN Chamber of Commerce to enhance trade and investment in the region and encouraged Australian businesses to provide cross-border internship and job exchange.

Fibre2Fashion News Desk (DS)