Australia–Chile Free Trade Agreement: Difference between revisions

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The '''Australia-ChileAustralia–Chile Free Trade Agreement''' is a [[free trade agreement|trade agreement]] between the countries of [[Chile]] and [[Australia]]. It was signed on July 30, 2008 and went into effect in the 1st quarter of 2009. <ref name="ADFAT">{{cite web|url=http://www.dfat.gov.au/GEO/chile/fta/index.html|title=Australia-Chile Free Trade Agreement|publisher=Australia Department of Foreign Affairs and Trade|accessdate=2009-01-02| archiveurl= https://web.archive.org/web/20081208032050/http://www.dfat.gov.au/GEO/chile/fta/index.html| archivedate= 8 December 2008 | url-status= live}}</ref> The agreement was intended to go into effect on January 1, 2009, but was delayed due to Chile not being able to finish its ratification in time.
 
[[File:ABS-5368.0-InternationalTradeInGoodsServicesAustralia-MerchandiseExportsCountryCountryGroupsFobValue-Chile-A1829029V.svg|thumb|right|400px|Monthly value of Australian merchandise exports to Chile ([[Australian dollar|A$]] millions) since 1988]]
Trade between Chile and Australia is modest, involving $856m in 2007. Australia is the fourth largest provider of foreign direct investment in Chile with over $3 billion in 2007.<ref name="JSCT">{{cite web|url=http://www.aph.gov.au/house/committee/jsct/4june2008/report1/chapter3.pdf|title=Report 95: Review into treaties tabled on 4 June, 17 June, 25 June and 26 August 2008|date=2008-10-16|publisher=Joint Standing Committee on Treaties|accessdate=2009-01-05}}</ref> Chile ranks as Australia's 41st trading partner. Australia’s main exports to Chile were coal ($94 million) and civil engineering equipment ($21 million). Trade from Chile is copper ($96 million), and pulp and waste paper ($57 million). <ref>{{cite web|url=http://www.aph.gov.au/library/pubs/BN/2008-09/AustFreeTradeAgreements.htm#_edn18|title=Background Note: Australia's Free Trade Agreements|last=Priestley|first=Michael|date=2008-12-2|publisher=Parliamentary Library|accessdate=2009-01-10}}</ref>
[[File:ABS-5439.0-InternationalMerchandiseImportsAustralia-CountryCountryGroupsCustomsValue-Chile-A1829345W.svg|thumb|right|400px|Monthly value of Chilean merchandise exports to Australia ([[Australian dollar|A$]] millions) since 1988]]
Trade between Chile and Australia is modest, involving [[Australian dollar|A$]]856m in 2007. Australia is the fourth largest provider of foreign direct investment in Chile with over [[Australian dollar|A$]]3 billion in 2007.<ref name="JSCT">{{cite web|url=http://www.aph.gov.au/house/committee/jsct/4june2008/report1/chapter3.pdf|title=Report 95: Review into treaties tabled on 4 June, 17 June, 25 June and 26 August 2008|date=2008-10-16|publisher=[[Joint Standing Committee on Treaties]]|accessdate=2009-01-05}}</ref> Chile ranks as Australia's 41st trading partner. Australia’sAustralia's main exports to Chile were coal (A$94 million) and civil engineering equipment (A$21 million). Trade from Chile is copper (A$96 million), and pulp and waste paper (A$57 million). <ref>{{cite web|url=http://www.aph.gov.au/library/pubs/BN/2008-09/AustFreeTradeAgreements.htm#_edn18|title=Background Note: Australia's Free Trade Agreements|last=Priestley|first=Michael|date=2008-12-202|publisher=Parliamentary Library|accessdate=2009-01-10| archiveurl= https://web.archive.org/web/20081205070356/http://www.aph.gov.au/library/pubs/bn/2008-09/AustFreeTradeAgreements.htm| archivedate= 5 December 2008 | url-status= live}}</ref>
 
When enacted, the Agreement calls for Chile to eliminate [[tariffs]] on 91.9% of tariffs which cover 96.9% of trade from Australia. Australia will cut 90.8% of tariffs which cover 97.1% of trade from Chile. By year six of the Agreement (2015), all tariffs will be discarded except for Chile’sChile's sugar tariff which will remain subject to its current ‘price band’ system. <ref>{{cite news|url=http://www.dfat.gov.au/geo/chile/fta/FTA_key_obligations.html|title=Australia-Chile Free Trade Agreement: Summary of Key Obligations |publisher=Australia Department of Foreign Affairs and Trade|accessdate=2009-01-10}}</ref> The tariffs in Australia, that will stay in place until 2015, will be relating to textile and the clothing industry along with [[table grapes]]. In Chile, the agreement will protect the textile and clothing industry and some other manufactured products. <ref name="JSCT" />
 
According to the Australian Government, the government hopes to use the Agreement as a model for other free trade agreements with other countries. <ref name="JSCT 26">{{cite web|url=http://www.aph.gov.au/house/committee/jsct/4june2008/report1/chapter3.pdf|title=Report 95: Review into treaties tabled on 4 June, 17 June, 25 June and 26 August 2008|date=2008-10-16|pages=26|publisher=Joint Standing Committee on Treaties|accessdate=2009-01-05}}</ref>
 
Before passage of the Agreement [[farmers]] and [[horticulturists]] protested the Agreement in front of the [[Australian Parliament]]. The protesters claim that this agreement would undercut Australian food producers by allowing in cheap food goods from Chile.<ref>{{cite news|url=http://www.weeklytimesnow.com.au/article/2008/11/19/27095_horticulture.html|title=Chile free trade deal under fire|last=White|first=Leslie |date=November 19, 2008|publisher=The Weekly Times|accessdate=2009-01-10}}</ref> [[Simon Crean]], Australia's [[Minister for Trade (Australia)|Minister for Trade]], responded to the farmers concerns by stating that tariffs are quite low or in some cases nonexistent due to previous international trade agreements. <ref>{{cite news|url=http://aap.newscentre.com.au/cpsunat/081126/library/free_trade/19419221.html |title= Chile FTA a win-win for all parties |last=Crean |first=Simon |date=2008-11-26 |publisher=The Weekly Times (Australia) |accessdate=2009-01-05 }}{{dead link |date=March 2016}}{{cbignore}}</ref>
 
Chile and Australia agreed in principalprinciple to start negotiations on December 8, 2006. Negotiations started on July 18, 2007 and after four rounds of talks, concluded on May 27, 2008. <ref name="ADFAT" />
 
== See also ==
* [[Australia–Chile relations]]
* [[Closer Economic Relations|Australia New Zealand Closer Economic Relations Trade Agreement]]
* [[Australia-United States Free Trade Agreement]]
*[[Rules of Origin]]
*[[Market access]]
*[[Free-trade area]]
*[[Tariffs]]
 
== References ==
{{reflist|30em}}
 
== References ==
{{Reflist}}
== External links ==
* Free trade agreement at
*[http://www.dfat.gov.au/GEO/chile/fta/FTA_Text.html Full text of the agreement]
** Australia [http://www.dfat.gov.au/geofta/chileaclfta/fta/Australia_Chile_FTA_Tariff_Schedule_Australia.pdf Tariff Schedule of AustraliaDFAT]
** Australia [http://customs.gov.au/site/page6066.asp Customs]
*[http://www.dfat.gov.au/geo/chile/fta/Australia_Chile_FTA_Tariff_Schedule_Chile.pdf Tariff Schedule of Chile]
** [http://www.aduana.gob.cl/aduana/site/artic/20090220/pags/20090220165036.html Aduanas] de Chile
** [http://www.direcon.gob.cl/acuerdo/786 Foreign Ministry] Chile
* Tariff Schedule of Australia, [http://www.dfat.gov.au/geo/chile/fta/Australia_Chile_FTA_Tariff_Schedule_Australia.pdf English], [http://www.direcon.gob.cl/sites/default/files/docs/acuerdos/AUS_TN_0309_lista_australia.pdf Spanish]{{dead link|date=July 2017 |bot=InternetArchiveBot |fix-attempted=yes }}
* Tariff Schedule of Chile, [http://www.dfat.gov.au/geo/chile/fta/Australia_Chile_FTA_Tariff_Schedule_Chile.pdf English], [http://www.direcon.gob.cl/sites/default/files/docs/acuerdos/AUS_TN_0309_lista_chile.pdf Spanish]{{dead link|date=July 2017 |bot=InternetArchiveBot |fix-attempted=yes }}
{{Economy of Australia}}
 
{{DEFAULTSORT:Australia-Chile Free Trade Agreement}}
[[Category:Chile free trade agreements]]
[[Category:Australia freeFree trade agreements of Chile]]
[[Category:21st-centuryFree treatiestrade agreements of Australia]]
[[Category:Treaties concluded in 2008]]
[[Category:Treaties entered into force in 2009]]
[[Category:Australia–Chile relations]]
[[Category:2008 in Australian law]]