Free Trade Agreements
Agreement |
Overview |
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ChAFTA entered into force on 20 December 2015 with the staged removal of dairy export tariffs within 4-11 years. |
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JAEPA brought immediate Australia-only duty free quotas for a number of dairy products. These did not include fresh milk milk powders, butter and dairy spreads. |
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An 'Agreement in Principle' for a Free Trade Agreement was made with the United Kingdom (UK) in June 2021. The agreement brings the eventual removal of all dairy tariffs and quotas in the interim. |
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The ASEAN-Australia-New Zealand Free Trade Agreement was signed by the 10 member countries of ASEAN, Australia, in February 2009. AANZFTA has eliminated many of the tariffs remaining on the bilateral agreements already in force. |
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Entering into force on 5 July 2020, the Indonesia-Australia Comprehensive Economic Partnership Agreement is great news for the Australian dairy industry. Remaining tariffs on liquid milk will be eliminated by 2033. |
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Building on benefits from AANZFTA, MAFTA brings a liberalised licensing arrangement for liquid milk exporters, allowing access for higher value retail products |
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Thailand-Australia Free Trade Agreement |
Entering into force in 2005, TAFTA predates AANZFTA. |
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Singapore-Australia Free Trade Agreement |
The Singapore-Australia Free Trade Agreement (SAFTA) came into effect on 28 July 2003, also predating AANZFTA. |