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Ministry of Trade and Industry
1. Press releases

Singapore continues to strengthen economic ties with like-minded partners with the entry into force of the Upgraded ASEAN-AUSTRALIA-NEW ZEALAND Free Trade Area Agreement

21 April 2025

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The Upgraded Agreement Establishing the ASEAN-Australia-New Zealand Free Trade Area (AANZFTA) will enter into force on 21 April 2025.

The AANZFTA effectively establishes a free trade area of over 703 million people, with a combined GDP of more than USD 5.6 trillion. This upgrade reflects Parties’ commitment to uphold an open, inclusive and rules-based multilateral trading system. They also ensure that the AANZFTA remains relevant and responsive to evolving global challenges.

Download the full press release [PDF, 586 KB] (opens in new tab).

MINISTRY OF TRADE AND INDUSTRY
21 APRIL 2025