New Zealand Embassy Ha Noi, Viet Nam
New Zealand and Thailand co-chair East Asia Summit Regulatory Roundtable
New Zealand and Thailand co-chaired an East Asia Summit (EAS) Regulatory Roundtable in Bangkok on 18 July.
The Roundtable aims to share successful regulatory practices that have cultivated and opened up competitive markets.
Removing regulatory barriers enables smoother processes among ASEAN and other EAS countries, including New Zealand, and helps promote expansion of trade in goods and services.
Participants in the Roundtable include most of New Zealand’s largest trading partners - Australia, China, India, Japan, Korea, Russia and the US. Greater regulatory cooperation among that group will result in substantial benefits for New Zealand and the region as a whole, particularly in making progress on behind-the-border barriers. The Roundtable was co-chaired by Ms. Clare Fearnley, New Zealand EAS Senior Official, and Mr. Arthayudth Srisamoot, Director-General, Department of ASEAN Affairs of the Thai Foreign Ministry.
New Zealand is supportive of greater regional economic integration within ASEAN, which will provide benefits for all its trading partners.