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flag New Zealand ratifies an upgrade to the ASEAN-Australia-New Zealand Free Trade Area to boost trade with Southeast Asia.

flag New Zealand has ratified an upgrade to the ASEAN-Australia-New Zealand Free Trade Area (AANZFTA) agreement, aiming to streamline trade processes and boost exports to Southeast Asia, where trade has doubled since 2010 to over $9 billion. flag The upgrade seeks to remove trade barriers and improve conditions for services and e-commerce. flag It will take effect after ratification by all involved parties, including four ASEAN countries, Australia, and New Zealand.

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