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Negotiation of an Australia-New Zealand CER investment protocol


Wednesday, 10 May 2006

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Treasury is inviting interested parties to make written submissions on the negotiation of an investment protocol between Australia and New Zealand. These submissions will assist the Australian Government in developing its strategy for future negotiations with New Zealand on investment issues.

In February 2006, Australian Treasurer Peter Costello and New Zealand Finance Minister Dr Michael Cullen agreed to commence negotiations on an investment protocol to form part of the Australia‑New Zealand Closer Economic Relations Agreement (ANZCERTA) (Media Transcript 06/013).

The incorporation of an investment protocol into the ANZCERTA will aim to strengthen the trade and investment relationship between Australia and New Zealand through the reduction of barriers to trans‑Tasman investment.

The protocol will seek to improve the investment climate for Australian investors through improved market access and improved investor protection provisions.

In addition to seeking written submissions, the Government will also be conducting public consultations in Sydney and Melbourne in early June.

Tuesday 6 June 2006
2pm – 4pm
Invest Australia
Level 28, Angel Place
123 Pitt Street
Wednesday 7 June 2006
10am – 12pm
Takeovers Panel
Level 47
80 Collins Street

Should you require further information; wish to arrange your attendance at the consultations; or make a submission please email investmentconsultations@treasury.gov.au.

Submissions closing date: 30 June 2006

Address written comments to:

Unit Manager
Investment and Compliance Unit
Foreign Investment and Trade Policy Division
The Treasury
Langton Crescent

Email: investmentconsultations@treasury.gov.au

Resource address: http://www.treasurer.gov.au/tsr/content/transcripts/2006/013.asp

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