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Attention was also paid to trade facilitation in the areas of customs and the removal of technical barriers to trade. These are concrete, practical and business-friendly initiatives aimed at reducing business costs in the region. An international treaty entitled: Agreement Establishing the ASEAN-Australia-New Zealand Free Trade Area (AANZFTA), signed on 27 February 2009 in Cha-am, Phetchaburi, Thailand, established a free trade area between ASEAN countries, Australia and New Zealand. [13] The United States, the European Union and Japan remained ASEAN`s largest export markets. Japan, followed by the US and the EU, was the main source of ASEAN imports. In the first half of 2002-2003, ASEAN-6 trade with major markets increased by 11.71 per cent for exports and 6.91 per cent for imports. However, ASEAN exports to the United States and India, as well as imports from Canada and India, declined over the same period. . .

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