Australia And Japan Trade Agreement

AFTINET continues to criticize the lack of transparency around the agreement, the text of which was published only after its signature and after the publication of a government summary statement, which has led to a splash of positive media activities, although the text itself is still kept secret. AFTINET calls for a more transparent parliamentary process for trade agreements. URAPA is Australia`s second bilateral trade agreement with a major trading partner in North Asia, following the signing of a free trade agreement (FTA) with Korea in April 2014. A free trade agreement with China is being negotiated. Together, these three economies account for more than half of Australia`s exports. Negotiations for a free trade agreement with Japan began in 2007 and an agreement on the Japan-Australia Economic Partnership Agreement (IEPA) was concluded on 7 Announced on 1 April 2014 and signed in Canberra on 8 July 2014. A number of concessions were guaranteed to Australian agricultural exporters, while Australian tariffs on electronics, white goods and cars were to be reduced. Negotiations on the agreement began under the Howard government in 2007. Abbott said, „This is the first time Japan has negotiated a Comprehensive Economic Partnership Agreement or Free Trade Agreement with a major economy, especially with a large economy with a strong agricultural sector.” [2] Prime Minister Abe visited Australia in July to sign the Japan-Australia Economic Partnership Agreement and address the Australian Parliament. [5] The article raises concerns about the inclusion of controversial investor-state dispute settlement (ISDS) clauses in the agreement and contains quotes from the AFTINETs Convener, Mr Patricia Ranald The full text of the agreement as well as useful FTA information and fact sheets are available on the website of the Ministry of Foreign Affairs and Trade. If you have any questions specific to the agreement, send an email JapanEPA@dfat.gov.au or call the DFAT North Asia hotline on 02 6261 1888.

Importers can apply to the Ministry of the Interior This publication was drafted before the current government The Japan-Australia Economic Partnership Agreement (APEPA) entered into force on 15 January 2015. Japan is the world`s third-largest economy and has a long-standing and important trade relationship with Queensland. It is Queensland`s second-largest trading partner, with goods exports worth $8.8 billion, or nearly 20% of Queensland`s total exports. 8. June 2016: The Japan-Australia Free Trade Agreement had no provisions for ISDS, but there was a clause that would trigger ISDS negotiations if Australia concluded another agreement with ISDS. . . .