TradeLane

ChAFTA. What’s in it? (Part Two)

Posted by The Tradewin Team

9/22/15 9:30 AM

ChAFTA The ChAFTA will also open doors for investment projects and create new jobs thus boosting the economy.

The jobs, however, seem to be creating serious concerns amongst Australian labor force. The Australian Union, who was campaigning against ChAFTA, is arguing that the easing of labor market restrictions will inevitably jeopardize Aussie jobs and flood the country with unskilled workers. This is of course is a political debate that continues as I type these words; not for a humble trade consultant to comment on!

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Topics: Export Compliance, Asia, South Pacific

ChAFTA. What’s in it? (Part One)

Posted by The Tradewin Team

9/17/15 12:34 PM

ChAFTA The long discussed, debated, and awaited China-Australia Free Trade Agreement (ChAFTA), which was first proposed in 1999 and since then has been in the works, was finally signed on June 17, 2015 in Canberra.

With China-Australia FTA having been the third in the quick succession of three FTAs Australia signed with its major trading partners, Korea, Japan and China in almost one year, Australia's exports and GDP are predicted to grow significantly.

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Topics: Export Compliance, Asia, South Pacific