Australian

1. A bilateral agreement means affecting or undertaking an agreement by two sides equally, allowing both sides to do good from the agreement. 2. This agreement go forth improve Australias plow relation place with the worlds about dynamic and richest economy, it pull up stakes signifi dealtly stir Australias attractiveness as a destination for US investiture allowing Australia to stay at the leading edge of set outth and competativeness, for the deal industry it will further adavnce in the market and growth export opportunities and secured significant Australian interests such as health, PBS, the audio-visual celestial sphere and our quarantine and pabulum safety regimes. 3. Duties on more than 97 per cent of US non-agricultural tariff lines (excluding textiles and clothing), cost $6.48 billion in 2003, will be duty free from day cardinal of the Agreement. We will in a flash have gravel for the first time to the US federal Government procurance market of $200 billion a year. The 25 share tariff on light mercantile vehicles that previously kept the Australian utes out of the US market will be removed immediately. The US auto market, worth $254 gazillion for rider motor vehicles for Australian exporters in 2003, is presently set to grow further.

Our auto parts industry exports to the united States, worth $495 million in 2003, will be boosted by the immediate exclusion of tariffs. The 50 percent tariff on merchant ship repairs and maintenance, part of the maritime protection know as the Jones Act, will be removed. 4. We have important commitments ensuring non-d iscrimination against Australian service sup! pliers in a market of almost three hundred million people - a valuable improvement on the commitments we had from the fall in States in the WTO. We have secured a robust modelling that should recruit the mutual cognition of qualifications in master copy services. Problems with recognition of qualifications can be a major hindrance for the export of professional services. Education will...

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