Australia New Zealand Agreements

Because of the distance between Australia and New Zealand and important markets such as Asia, Europe and the Americas, the two countries have a series of free trade agreements aimed at strengthening their economies and boosting trade. But countries are also interacting with each other, and that is how we take a closer look at the trade relations between Australia and New Zealand. Whether you are considering starting a business in Australia, or are already a major player in New Zealand, you want to open new markets, the good news is that there are a number of free trade agreements and partnerships designed to guarantee investment and trade between countries. The largest of these is the Australia-New Zealand trade agreement, which is also known as an ANCCERTA or CER agreement. It is one of the most intense bilateral free trade agreements in the world, covering trade in all sectors and promoting trade between established Australian and New Zealand businesses. The Australia New Zealand Closer Economic Agreement (ANZCERTA), which came into force in 1983, was the first bilateral agreement in Australia. ANZCERTA has created one of the most open and successful free trade agreements in the world. Today, ANZCERTA is the largest free trade agreement between the two countries and offers considerable benefits to companies wishing to import and export to Australia and New Zealand. An Asian company, for example, can start an import business in Australia and then use the many trade agreements of Australia and New Zealand without having to insure its own.

To learn more, contact the Biz Latin Hub team, and we`ll contact you with a personalized strategy to take your business to new heights – and use lucrative trade agreements between New Zealand and Australia. The 2013 ERC Investment Protocol is an ambitious investment agreement and maintains the ERC`s status as one of the most comprehensive free trade agreements in the world. The protocol reduces compliance costs and provides trans-Tasman investors with greater legal certainty by setting higher thresholds for foreign investment. Find out how our other free trade agreements compare with ASEAN members. The history of indigenous Australians on their own continent is generally considered rich, lasting at least 40,000 to 45,000 years, while Polynesian Maori arrived in Aotearoa, New Zealand in several waves shortly before 1300. [11] The indigenous Australians and Polynesian Maori, settled in New Zealand, did not meet or interact until European exploration of Australia in the 17th and 18th centuries. With regard to aboriginal populations, it can be said that there is only one Maori language and that the iwi have been able to present themselves as a unified population, represented by a monarch, but which has never been spoken by The Australian Aboriginal languages or their respective population groups. [12] Under stricter immigration rules in 2001, New Zealanders must also acquire permanent residence before applying for Australian citizenship. These stricter immigration requirements have led to Australian Citizenship in New Zealand. In 2016, only 8.4% of the 146,000 New Zealand-born migrants who arrived in Australia between 2002 and 2011 had acquired Australian citizenship.