Views:31 Author:Site Editor Publish Time: 2018-11-19 Origin:Site
According to the China-Australia Free Trade Agreement, since 2015, China and Australia have carried out four tariff reductions, and imports of goods from Australia have begun to gradually reduce tariffs. A considerable number of commodities will achieve zero tariffs within five years. China and Australia will carry out the fifth round of concessions on New Year's Day next year.
Simon Birmingham, Australian Minister of Trade, Tourism and Investment who came to Shanghai to participate in the Expo, said: "From January 1, 2019, after 8 weeks, all Chinese goods entering Australia will be exempt from customs duties. Of course, this It is important for many of you here, and China will also eliminate tariffs on a range of Australian products on display at CIIE, including wine, infant formula and honey."