Australia and the UK commit to establishing mechanisms that will provide for the liberalisation of tariffs on each other’s goods and that will address non-tariff barriers to trade between our two countries. Australia and the UK will commit to providing the most liberal possible treatment for goods of interest to both countries, while taking into account product sensitivities.
Commitments in the trade in goods chapter will include:
- a commitment for the UK and Australia to eliminate customs duties on originating goods of the other country in accordance with the tariff elimination schedules [to be finalised]
- a commitment on technical consultations on non-tariff measures at the request of either the UK or Australia
- establish a Committee on Trade in Goods
- Australia and the UK will share tariff preference utilisation data
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