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Chile-Australia Free Trade Agreement
Contact & Social Networks
Syllabus of the Subject: Free Trade Agreement (FTA) between Chile and Australia .
Introduction to the Australia-Chile Free Trade Agreement;
Rules of Origin of the Australia-Chile FTA;
Regional Value Content;
Benefits of the Agreement for the Australian exporters;
Foreign Trade and Foreign Direct Investment between Australia and Chile.
Chile-Australia Free Trade Agreement (FTA)
Related Education
Masters and Doctorate in International Business adapted to the Australian Students .
Description
Chile-Australia Free Trade Agreement.
The Chile -Australia Free Trade Agreement entered into force in 2009.
The Chile-Australia Free Trade Agreement (FTA) covers Foreign Trade in goods, services, and foreign direct investment;
The Australia-Chile FTA eliminates instantly the tariffs on 92% of the tariff lines covering 97% of Chilean export products;
Tariffs on all the existing products will be eliminated by 2015 .
Summary of the Australia-Chile Free Trade Agreement .
National Treatment and Market access for products;
Rules of Origin and certificate of origin;
Customs Administration;
Sanitary and Phytosanitary Measures;
Technical Regulations, Standards, and Conformity Assessment Procedures;
Trade Remedies;
Cross-Border Trade in Services;
Foreign Direct Investment;
Telecommunications;
financial Services;
Temporary Entry for Businessman;
Competition Policy;
Government Procurement;
E-Commerce;
Intellectual Property Rights;
Cooperation;
Transparency;
Institutional agreements;
Dispute Settlement .
Foreign Trade between Australia and Chile .
Chile is the third largest trade partner of Australia in Latin America, with a bilateral trade of USD 1,275 billion;
Total trade in goods reached USD 883 million;
The main Australian exports to Chile include coal (USD 136 million), beef, civil engineering equipment, specialized machinery, and parts;
Australian Imports from Chile: USD 552 million;
The main import products are copper (USD 295 million), lead ores and concentrates, pulp and waste paper, and wood;
Foreign trade in services : USD 413 million, of which
Australian service exports to Chile were USD 170 million;
Australia is the fourth largest foreign investor in Chile , with
USD 3 billion of foreign direct investment (FDI);
Australian Foreign direct investment in Chile: 2,136
Australian USD.
(c) EENI
(c) EENI Global Business School (1995-2023)
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