On 13 November 2002, the United States Trade Representative informed the United States Congress of his intention to negotiate a free trade agreement with Australia. Negotiations began in March 2003 and concluded with an agreement on 8 February 2004. On February 13, 2004, the President informed Congress of his intention to conclude the Free Trade Agreement between the United States and Australia. The draft texts of the Agreement were made available on 3 March 2004. The United States-Australia Free Trade Agreement was signed on May 18, 2004. On March 3, 2004, the USTR released the draft texts of the United States-Australia Free Trade Agreement. Free trade agreements (LEAs) offer Australian businesses a competitive advantage. By removing and removing barriers to international trade and investment, free trade agreements benefit Australian exporters, importers, producers and investors. Article 21.1 of the United States-Australia Free Trade Agreement (AUSFTA) establishes a joint committee to monitor the implementation of the agreement and review trade relations between the parties. The committee is composed of government representatives, jointly led by the U.S. Trade Representative and the Australian Minister of Commerce or their representatives.
The Joint Committee shall meet regularly each year to verify the general functioning of the Agreement, to examine and examine specific issues related to its operation, to examine and adopt amendments, to facilitate the prevention and settlement of disputes arising from the Agreement and to make interpretations of the Agreement; to examine ways of improving trade relations between the Parties; and to take all other measures agreed upon by the parties. Learn about customs results and rules of origin of the Australian Free Trade Agreement via DFAT`s online FTA portal. Australia has trade initiatives or trade agreements with the countries or groups of countries listed in the table below. Do you need help accessing Free Trade Advantage? Check out the User Guide (PDF 532KB) or email fta@austrade.gov.au The FTA has opened up service markets such as life insurance and express delivery, improved intellectual property protection, and helped facilitate U.S. investment through predictable access and a stable business environment. For the first time, in many industries, U.S. companies are not allowed to compete in a discriminatory way with Australian government purchases. U.S. agricultural exports receive duty-free treatment, including processed food products, fruits and vegetables, corn and soybeans. The free trade agreement has also made progress in the area of e-commerce and market access for medicines.
Draft texts of the United States-Australia Free Trade Agreement (AUSFTA) On 6 December 2017, the United States and Australia held the sixth meeting of the Joint Committee of Free Trade Agreements between the United States and Australia to verify the implementation of the agreement, including specific issues related to trade in goods and services, as well as issues relating to intellectual property rights and investments. . . .