China Australia Free Trade Agreement Form
- Posted on September 14, 2021
- in Uncategorized
- by admin
If the agreement is fully implemented, 99.9% of Australia`s exports of raw materials, energy and production will enter China duty-free. If you need help filling out the forms, please call us on 1300 622 883 or email firstname.lastname@example.org. Our team is here to help. For more information on the likely benefits of the agreement, please see the fact sheet on the China-Australia Free Trade Agreement of 26 August 2016 [pdf, 2.1 MB]. China is by far Australia`s largest market for energy resources and products. In 2013-14, Australia exported more than $90 billion in resources, energy and industrial products to China. Following the recent entry into force of the agreement, on 20 December 1, 2015, 92.9% of China`s imports of these products from Australia will be imported duty-free, with most of the remaining duties being eliminated within four years. ChAFTA offers Australia significant preferential market access, with more than 85% of Australian exports to China (by value in 2013), which are now duty-free after entry into force and increase to 93% after four years and 95% after the full implementation of ChAFTA. The full text of the agreement as well as useful information and fact sheets on free trade agreements are available on the website of the Ministry of Foreign Affairs and Trade. For any specific questions regarding the agreement, email ChinaFTA@dfat.gov.au or call DFAT on 02 6261 1111. Importers can contact the Ministry of the Interior. The China-Australia Free Trade Agreement (ChAFTA) entered into force on 20 December 2015.
Andrew Robb, Australia`s Minister for Trade and Investment, a signatory to ChAFTA, said: “This historic agreement with our largest trading partner will contribute to future economic growth, job creation and improved living standards by strengthening trade in goods and services and investing. China, home to 1.4 billion people and a rapidly growing middle class, offers huge opportunities for Australian businesses in the future. The agreement also includes a most-favoured-nation clause that will protect Australia`s competitive position in the future if China treats other trading partners more favourably in the areas of education, tourism and travel-related services, construction, engineering, securities, environmental services, forestry-related services, computer and related services, as well as certain scientific and advisory services. Step 3: Once your CO4 form has been received and accepted, we will send you the model of the ChAFTA Certificate of Origin with the appropriate instructions to complete via email….