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AUSFTA

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AcronymDefinition
AUSFTAAustralia-United States Free Trade Agreement


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With many of the US-based companies finding a foothold in concessions around the country in metropolitan and regional centres, it may well be that in excluding water from GATS but not from the AUSFTA we have simply swapped one lot of water lords for another.
The real impact of AUSFTA is that Australia has been able to eliminate all agricultural tariffs.
Cebon says that it isn't widely known that 'NAFTA suits have so far cost about US$30 billion', and he cautions that the AUSFTA may mean Australia is vulnerable to heavy compensation bids and compromised regulations.
 
 
 
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