China-Australia FTA officially begins today
MORE than 86% of Australia's goods exports to China will enter duty free while tariffs on billions of dollars worth of other exports will be reduced after the official entry into the China-Australia Free Trade Agreement.
Trade and investment Minister Andrew Robb said 96% of Australian goods would enter China duty free once the agreement was fully implemented.
He said tariffs had been cut on Australian exports including dairy, beef, lamb, wine, seafood, processed food, vitamins and health products. Tariffs on coking coal have been eliminated and Sunday also marked the phased elimination of tariffs on non-coking coal.
Tourism Minister Senator Richard Colbeck said the free trade agreement would improve tourism between the two countries.