USA - Australia Free Trade Agreement Showing Tangible Benefits

LATEST AUSTRALIAN BUSINESS NEWS

Austrade (Australia’s trade commission) has announced that tariff reductions on extruded plastics brought about by the Australia-United States Free Trade Agreement (AUSFTA) is helping Australian companies access US markets and similarly enabling US companies access Australian suppliers.

Australian design, manufacturing and marketing company EGR Group supplies automotive parts and accessories to companies such as GM, Ford, and Toyota, in 40 countries worldwide. One of EGR’s largest export regions has been the US market.

With the implementation of the AUSFTA on 1 January 2005, companies like EGR now benefit from reduced tariffs, and on a broader level, a shift towards a more transparent.

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David

editor@agarcarlyon.com