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Protocol on Trade in Services to the Australia-New Zealand Closer Economic Relations Trade Agreement

2022年1月11日

The Protocol on Trade in Services to the Australia-New Zealand Closer Economic Relations Trade Agreement (ANZCERTA) aims to promote free trade between the two countries by removing barriers and restrictions to the provision of services. This agreement is a crucial component of the broader Closer Economic Relations (CER) agreement that has been in place between Australia and New Zealand since 1983.

The CER agreement has been successful in increasing trade between the two nations and has led to significant economic benefits. By reducing tariffs, facilitating investment and promoting the free movement of goods and services, the CER agreement has created a thriving economic relationship between Australia and New Zealand.

The Protocol on Trade in Services builds on this success by focusing specifically on services. It provides for the liberalization of trade in services by removing barriers and restrictions that limit the provision of services between the two countries. This includes measures such as the elimination of discriminatory treatment, the recognition of qualifications and the promotion of transparency in the regulation of services.

The Protocol covers a wide range of services, including business services, construction and related engineering services, distribution services, education services, environmental services, financial services, health-related and social services, tourism and travel-related services, and transport services.

One of the key objectives of the Protocol is to promote fair competition in the provision of services. This is achieved through measures such as the prohibition of anti-competitive practices and the promotion of transparency in the regulation of services. By promoting fair competition, the Protocol ensures that businesses in both countries have an equal opportunity to provide services to consumers.

Another important aspect of the Protocol is the recognition of qualifications for service providers. This means that service providers from one country can have their qualifications recognized in the other country, making it easier for them to provide services. This also creates opportunities for professionals to work and gain experience in both countries.

Overall, the Protocol on Trade in Services to the Australia-New Zealand Closer Economic Relations Trade Agreement is an important step towards promoting free trade and economic integration between the two countries. By removing barriers and restrictions to the provision of services, the Protocol creates opportunities for businesses and professionals to work and provide services in both Australia and New Zealand. This, in turn, promotes competition, creates jobs and drives economic growth.

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