Australia, New Zealand FTA with ASEAN implemented

On January 1st, 2010, Australia and New Zealand's FTA with ASEAN ("AANZFTA") came into effect.
This FTA remove tariffs on grape exports to Malaysia, and wheat sales to the Philippines.

The agreement is the Australia's largest FTA, and covers 12 economies and 600 million people with a combined GDP of US$2.8 trillion. By 2020, the deal will eliminate tariffs on 96 percent of Australia's export to Asean nations.

Australia and New Zealand, which have had their own trade agreement since 1983, are seeking to tap into Asia's growth with Brunei, Myanmar, Malaysia, Singapore, Vietnam and the Philippines. The remaining Asean members, Indonesia, Cambodia, Laos and Thailand, are expected to ratify the agreement later this year.

(Source and reference: bilaterals.org http://www.bilaterals.org/rubrique.php3?id_rubrique=181&lang=en )