What is a Free Trade Agreement (FTA)?

An FTA is an agreement between one or more countries to reduce or eliminate customs duties on imported goods.

Please note that the Customs Radar report uses the term Free Trade Agreement to refer to both countries that have Free Trade Agreements (FTAs) with Australia and countries that have unilateral concessional rates including DCS, DCT, LDC, DC and FI countries. All of the country based concessional duty rates are set based on the Tariff Classification Number of the goods. Imports from countries with concessional duty rates will have no duty or lower rates of duty on most, but not all, goods that are imported from that country. Countries included in DCS and DCT have fewer duty reductions than other country based concessions.

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