China Australia Free Trade Agreement Form
ChAFTA offers Australia significant preferential market access: more than 85% of Australian products exported to China (in value terms in 2013), now come into force duty-free after entry into force and increase to 93% after four years and 95% if chAFTA is fully implemented. Step 1: Complete the C04 Exporter Information form to become a ChAFTA-registered exporter. At ChAFTA, China offered Australia its best service obligations to date in a free trade agreement (with agreements with Hong Kong and Macao with China). ChAFTA will enhance trade and investment between countries by reducing barriers to labour mobility and improving temporary access to temporary access within the existing immigration and employment safeguards of each country. For more information, see Integrated Freight System – Promote preferential rates For more information, including the Text of ChAFTA, visit the website of the Ministry of Foreign Affairs and Trade. Only products originating in China or Australia benefit from preferential tariffs. The preferential chAFTA rules for origin are agreed criteria that are used to ensure that this is the case. These criteria are necessary to prevent handling when goods are diverted by third parties, either via China or Australia, in order to avoid higher tariffs. For imports to China or Australia that are not included in Chapters 3 and 2 of the agreement, the general tariff rate applied in Australia or China instead of the preferential rates in force under chAFTA is subject. More information is available on the website of the Ministry of Foreign Affairs and Trade.
If fully implemented, 99.9% of Australia`s resource, energy and production exports will be dumped in China duty-free. The China-Australia Free Trade Agreement (ChAFTA) came into force on December 20, 2015. Australian Trade and Investment Minister Andrew Robb, a signatory to ChAFTA, said: “This historic agreement with our largest trading partner will support future economic growth, job creation and a higher standard of living by increasing trade in goods and services and investment. China, with its 1.4 billion people and rapidly growing middle class, offers Australian businesses huge opportunities for the future. The agreement also provides for a Most Favoured Nation (MFN) clause that will protect Australia`s competitive position in the future if China treats other trading partners in education, tourism and travel-related services, construction, engineering, securities, environmental services, forestry, computer and related services in the future. , as well as some scientific and advisory services. The China-Australia Free Trade Agreement (ChAFTA) came into force on December 20, 2015.