Australia Free Trade Agreement With China
Once effective, 93% of Australia`s current resource, energy and industrial exports will enter China duty-free and reach 99.9% if fully implemented. It is important that the recently introduced 3% coal coking tariff is immediately abolished and that the 6% tariff for thermal coal expires within two years. ChAFTA will strengthen export momentum and give Australian exports an advantage over major competitors from the US, Canada and the EU. It also puts Australia on an equal footing with competitors from countries such as New Zealand and Chile, which have already negotiated trade deals with China.