|Name||Australia – Chile|
|Members||Australia – Chile|
|Type of agreement||Bilateral Free Trade Agreement|
|Date of signature||July 30, 2008|
|Key points||1. Elimination of almost 92% of tariff lines covering 97% of merchandise trade upon entry into force.|
2. Elimination of tariffs on all existing merchandise trade from 1 January 2015.
3. National treatment for Australian goods, services and suppliers in the Chilean market for procurements above agreed value thresholds.
4. Locks in both sides’ liberal services and investment regimes.
5. Locks in both sides’ high standards of IP protection for patents, trademarks, geographical indications and copyright.
For more details, kindly check the link in references.
|1. Australia – Chile Trade Agreement, accessed December 2020, https://www.dfat.gov.au/trade/agreements/in-force/aclfta/Pages/australia-chile-fta|