Understanding on Article 1 (Reduction and/or Elimination of Customs Duties) Sample Contracts

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Understanding on Article 1 (Reduction and/or Elimination of Customs Duties) • June 21st, 2019

The Governments of Brunei Darussalam, the Kingdom of Cambodia, the Republic of Indonesia, the Lao People’s Democratic Republic, Malaysia, the Union of Myanmar, the Republic of the Philippines, the Republic of Singapore, the Kingdom of Thailand, the Socialist Republic of Viet Nam, Australia and New Zealand (“the Parties to the AANZFTA”) refer to the Agreement Establishing the ASEAN- Australia-New Zealand Free Trade Area (“the AANZFTA”) and set out below their common understanding:

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