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Australia-New Zealand: initiatives to accelerate economic integration (Ministerial)

Joint media release

Australian Minister for Trade Simon Crean and New Zealand Minister of Trade Tim Groser  

20 April 2010

Australia and New Zealand have agreed on a series of actions to foster closer collaboration on trade and investment promotion to global markets.

Australian Minister for Trade Simon Crean said it was an important next step in building on the success of the trans-Tasman trade and economic partnership.

"This series of bilateral initiatives is designed to accelerate economic integration between our two countries.

"Following meetings between Prime Minister Rudd and Prime Minister Key last year, and between myself and New Zealand Trade Minister Tim Groser last August, the two countries' trade and investment agencies have developed a series of action items which will take the relationship further.

"The Closer Economic Relations agreement (CER) with New Zealand remains our most open and successful free trade agreement. These next steps will expand and accelerate our progress towards a single economic market and reduce costs for businesses in both countries."

Read the full media release:

http://www.trademinister.gov.au/releases/2010/sc_tg_100420.html

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