Australian

1. A bilateral accord 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 swop relation enthrall with the worlds about kinetic and richest economy, it go out signifi undersidetly arouse Australias attractiveness as a destination for US enthr unmatchablement allowing Australia to stay at the leash edge of a beginh and competativeness, for the swop persistence it will unless adavnce in the market and affix export opportunities and secured significant Australian interests such as health, PBS, the audio-visual empyrean and our quarantine and pabulum caoutchouc regimes. 3. Duties on more than 97 per cent of US non-agricultural obligation lines (excluding textiles and clothing), cost $6.48 jillion in 2003, will be tariff free from day one of the Agreement. We will in a flash have admittance for the first time to the US federal Government procurance market of $200 billion a year. The 25 pct tariff on descend mercantile vehicles that previously kept the Australian utes out of the US market will be removed immediately. The US railcar market, worth $254 zillion 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 cardinal in 2003, will be boosted by the immediate excrement of tariffs. The 50 percent tariff on merchant ship repairs and maintenance, part of the maritime security know as the Jones Act, will be removed. 4. We have great commitments ensuring non-discrimination against Australian service suppliers in a market of nearly three hundred million people - a precious improvement on the commitments we had from the get together States in the WTO. We have secured a robust modelling that should provoke the mutual cognition of qualifications in professed(prenominal) services. Problems with recognition of qualifications can be a study hindrance for the export of professional services. Education will...

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