{
    "success": true,
    "data": {
        "id": 1278435,
        "msgid": "australia-nz-prioritize-asean-trade-deal-1447893297",
        "date": "2000-09-01 00:00:00",
        "title": "Australia, NZ prioritize ASEAN trade deal",
        "author": null,
        "source": "REUTERS",
        "tags": null,
        "topic": null,
        "summary": "Australia, NZ prioritize ASEAN trade deal AUCKLAND (Reuters): Australian and New Zealand trade ministers on Thursday set as a priority the extension of their countries' existing free trade area to include Southeast Asia.",
        "content": "<p>Australia, NZ prioritize ASEAN trade deal<\/p>\n<p>AUCKLAND (Reuters): Australian and New Zealand trade ministers<br>\non Thursday set as a priority the extension of their countries'<br>\nexisting free trade area to include Southeast Asia.<\/p>\n<p>\"We are renewing our commitments to engage with ASEAN<br>\ncountries with the objective of securing agreement to commence<br>\nnegotiations on a free trade area of mutual benefit for all<br>\nparties,\" the ministers said in a joint statement released after<br>\ntheir annual bilateral meeting in Auckland.<\/p>\n<p>New Zealand and Australia have an existing agreement on free<br>\ntrade, called Closer Economic Relations (CER) and New Zealand is<br>\nfinalizing a similar bilateral arrangement with Singapore.<\/p>\n<p>New Zealand and Australia would co-operate closely in the run<br>\nup to a meeting between CER and Association of Southeast Asian<br>\nNations (ASEAN) ministers in Thailand on October 5-7, the<br>\nministers said.<\/p>\n<p>ASEAN has its own free trade area, AFTA, under which ASEAN<br>\nmembers -- Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar,<br>\nthe Philippines, Singapore, Thailand and Vietnam -- have agreed<br>\nto cut tariffs to 0.5 percent by 2003.<\/p>\n<p>An Australian study released in July found gains of US$48.1<br>\nbillion would flow from a CER\/AFTA free trade area.<\/p>\n<p>New Zealand Trade Minister Jim Sutton said bilateral issues<br>\nbetween New Zealand and Australia were becoming less of a focus<br>\nbetween the two neighbors -- although work is under way to align<br>\nbusiness laws, and sign an open skies aviation agreement.<\/p>\n<p>\"The emphasis increasingly is on how we, as two very closely<br>\nintegrated economies, can maximize the advantage of our<br>\nattractiveness to the rest of the world. What we can do together<br>\nnow consumes much of our energy rather than what we can still do<br>\nbetween us,\" Sutton told reporters.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/australia-nz-prioritize-asean-trade-deal-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}