Australia-United States Free Trade Agreement

1. A bilateral agreement means affecting or undertaking an agreement by two sides equally, allowing both sides to leave in from the agreement. 2. This agreement entrust improve Australias trade race with the worlds virtually dynamic and richest economy, it allow for significantly enhance Australias draw as a destination for US investment allowing Australia to detain at the leading edge of growth and competativeness, for the merchandiseing diligence it lead further adavnce in the foodstuff and increase export opportunities and secured historic Australian interests such as health, PBS, the audio-visual sector and our quarantine and nutriment safety regimes. 3. Duties on more than 97 per centime of US non-agricultural tariff lines (excluding textiles and clothing), cost $6.48 gazillion in 2003, go away be duty free from day one of the Agreement. We will direct baffle access for the first time to the US federal Government procurement market place of $200 b illion a year. The 25 pct tariff on motiveless commercial vehicles that previously kept the Australian utes out of the US market will be removed immediately. The US simple machine market, worth $254 million for passenger motor vehicles for Australian exporters in 2003, is immediately set to grow further.

Our auto parts attention exports to the farm together States, worth $495 million in 2003, will be boosted by the immediate elimination of tariffs. The 50 percent tariff on merchant ship repairs and maintenance, part of the naval protection cognise as the Jones Act, will be removed. 4. We have impor tant commitments ensuring non-discrimination! against Australian service suppliers in a market of almost ccc million people - a worthful improvement on the commitments we had from the United States in the WTO. We have secured a robust manakin that should promote the mutual cognizance of qualifications in professional services. Problems with recognition of qualifications can be a study hindrance for the export of professional services. Education will...If you want to get a all-embracing essay, order it on our website: OrderCustomPaper.com

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