Singapore - The Association of South-East Asian Nations (ASEAN) has reached tentative free trade agreements with three major trading partners - India, Australia, and New Zealand - after years of negotiations.
Though the full terms the agreements reached Thursday in Singapore during a meeting of ASEAN ministers would not be made public until the signing in December, they cover more than 400 goods with India and goods, investment, services and intellectual property with Australia and New Zealand.
"This is the most comprehensive free trade agreement that ASEAN has ever entered. It is the largest free trade agreement that Australia has ever negotiated," Australian Trade Minister Simon Crean told reporters in Singapore.