The Agreement establishing the ASEAN-Australia-New Zealand Free Trade Area (AANZFTA) was signed in February 2009 and entry into force on 1 Jan 2010.  This is the most comprehensive FTA agreement ASEAN has concluded in terms of form and substance.  The Agreement also includes specific commitments made by Parties such as intellectual property, trade in services and movement of natural persons, electronic commerce and competition.  The AANZFTA will be realized in 2015.

The AANZFTA has a total population of 626.2 million with combined GDP of US$4.02 trillion.