Landmark China-Australia Free Trade Agreement (ChAFTA)
Australia and China announced the conclusion of negotiations of ChAFTA at Parliament House on Monday. On full implementation, 95% of all Australian goods exports to China will be tariff-free. ChAFTA also secured unprecedented access to China’s services market and outcomes to boost investment.
TIM Media Release: Landmark China-Australia Free Trade Agreement
TIM YouTube: Australia’s North Asia FTAs
Brisbane G20 Leaders’ Summit concludes
Australia hosted the G20 Leaders' Summit in Brisbane on 15-16 November 2014. The Summit delivered concrete outcomes across its three themes of growth and jobs, economic resilience and strengthening global institutions. The reforms from the Summit are expected to lift G20 GDP by 2.1% by 2018.
G20 Communiqué: G20 Leaders' Communiqué
Did you know?
The 2013 exports of Australian iron ore to China could have built the Beijing-Shanghai bullet train line (rails, pylons, bridges, stations) nearly 45 times!
Trade articles sourced from non-Australian Government sources do not necessarily reflect the views of the Australian Government.