Tenth anniversary of AUSFTA brings further benefits
In accordance with the schedules under AUSFTA, a number of changes have taken effect on 1 January 2015 (the 10th anniversary of the entry into force):
- the remaining US tariffs on wine have been removed;
- the remaining US tariffs on textiles and apparel have been removed;
- there has been an increase in the duty free tariff rate quotas for Australian exports of beef, dairy, tobacco, cotton, peanuts and avocados;
- there has been a reduction in the over-quota tariffs for Australian exports of beef, goya cheese, tobacco, cotton, peanuts and avocados;
- the remaining Australian tariffs on textiles and apparel have been removed;
- the remaining Australian tariffs on articles of bedding and similar furnishing have been removed;
- the remaining Australian tariffs on surgical materials have been removed.