The Regional Trade for Development (RT4D) initiative is funded by both the Governments of Australia and New Zealand. It assists ASEAN Member States (AMS) in meeting their commitments and realising the advantages offered by the Agreement establishing the ASEAN-Australia-New Zealand Free Trade Area, or AANZFTA, and the Regional Comprehensive Economic Partnership, or RCEP.
Through the AANZFTA Implementation Support Program (AISP) and the RCEP Implementation Support Program (RISP), RT4D provides tailored support to enhance the capabilities of ASEAN Member States by strengthening skills, building networks, facilitating policy options and ensuring that trade benefits everyone, including Micro, Small and Medium Enterprises (MSMEs), women and people with disabilities.
The Governments of Australia and New Zealand have committed up to AUD 53.3 million to fund RT4D from 2020-21 to 2027-28.
Project Summary
ASEAN-Australia-New Zealand FTA (AANZFTA) Implementation Support Program (AISP), implemented through the Regional Trade for Development (RT4D) Facility, aims to support ASEAN Member States to realise the full benefits of AANFTA through the provision of capacity-building support and access to technical expertise.
The following project is approved under AISP.
- Project Name: Building capacity for AANZFTA Parties on the Implementation of the Second Protocol of AANZFTA specific to STRACAP
- Project Objectives: This project aims to build capacity for AANZFTA Parties on the implementation of the Second Protocol for AANZFTA specific to STRACAP by conducting a comprehensive review and analysis of the Protocol’s impact on ASEAN, SC-STRACAP, and relevant business implications; identifying and assessing potential SC-STRACAP activities in response to the Protocol in alignment with the ACCSQ Sectoral Plan 2026–2030 and the Built-In Agenda; and developing a consolidated roadmap of recommended actions for SC-STRACAP’s consideration.