On March 3, 2004, the USTR released draft free trade agreements between the United States and Australia. The Australian government did not have a majority in the Senate and therefore needed the support of the opposition Labor Party, the Greens, the Democrats or independent senators to get ratification. The government put pressure on Labor Party chairman Mark Latham to gain opposition support for the agreement (knowing that Latham, among many Labour members, saw the free trade agreement as beneficial). The issue had divided the party, particularly the left-wing group argued that labour should reject the deal. · This is the largest immediate reduction in industrial tariffs ever achieved in the case of a U.S. free trade agreement, and will bring immediate benefits to U.S. workers and businesses in the manufacturing industry. U.S. producers estimate that the abolition of tariffs could result in $2 billion a year in increasing U.S.
exports of industrial products. o The USDA Animal and Plant Health Inspection Service and Biosecurity Australia will hold a permanent technical working group, including the representation of trade agencies, to engage as early as possible in each country`s regulatory process to cooperate in the development of science-based trade measures between the two countries. The United States first proposed a free trade agreement with Australia as early as 1945. More recently, the prospect of an Australia-U.S. The free trade agreement was put in place by the Hawke government in the 1980s. In 1991, U.S. President George H.W. proposed to Bush to negotiate with Australia and New Zealand, but was rejected by Paul Keating, prime minister of the Australian Laboratory Party. [1] This section describes the conditions agreed by the two countries to ensure fair trade between telecommunications industries in each country. In particular, the rules exclude measures relating to the transmission or cable distribution of radio or television programmes. · Requires transparent procedures for registering trademarks, including geographical indications.
Article 21.1 of the U.S.-Australia Free Trade Agreement (AUSFTA) provides for a joint committee to monitor the implementation of the agreement and to review trade relations between the parties.
