Tag Archives: international trade

ILN Today Post

KAFTA Commencement

Australian exporters are set to benefit from the KAFTA from as early as 12 December 2014 following a last minute exchange of Diplomatic Notes between Australia and Korea and an agreement between the countries to shorten the commencement period to just 9 days.

Late on Wednesday 3 December 2014, Australia and Korea exchanged Diplomatic Notes confirming that all requirements have been observed and agreeing that KAFTA will commence on 12 December 2014.  More…

Read full article
ILN Today Post

AAT reels in use of TCOs once again

A very recent decision of the AAT has continued the very strict approach to use of Tariff Concession Orders (TCOs) and underlines the need for caution to how they are drafted and used. The judgment again throws up questions as to the way in which the Australian Customs and Border Protection Service (“Customs“) makes decisions in this area and the way in which disputes are conducted before the AAT.

The decision (J M Gillies Agencies Pty Ltd v CEO of Customs) included a review of decisions by Customs to classify goods to a particular tariff classification which denied the importer the use of a TCO. More…

Read full article
ILN Today Post

China deal closes off the promised Asian FTA trifecta

Australian exporters are set to benefit from an historic trade agreement signed today between Australia and its largest trading partner, China. This deal, which took 9-years of negotiation, represents a victory for bi-lateral trade and an expansion of the economic relationship beyond mineral and resources, which have dominated the relationship over the last decade.

The biggest wins are arguably in agriculture, services and investment, and it is fair to say that this agreement goes far beyond any other agreement China has signed to date. More…

Read full article
ILN Today Post

ECA releases Trade Policy Recommendations for 2014 and 2015

Many of you would be aware of the excellent work of the Export Council of Australia (“ECA”) (www.export.org.au) which is the peak body for exporters in Australia with a special focus for SME exporters.  The range of activities of the ECA covers education, research, Government relations, advocacy and work with relevant Government agencies.  In doing so, the ECA works directly with the Federal Government and its agencies such as DFAT, Austrade and Efic as well as State Government agencies responsible for trade.

The work includes membership of relevant advisory groups such as the Industry Advisory Group for the Trusted Trader Programme which is currently working hard to assist in the development of that Programme according to the ambitious timetables set by Government. More…

Read full article
ILN Today Post

New dumping Investigations on polyvinyl chloride electric cables from the PRC

Another day’s happy scouring of ‘The Australian’ newspaper on 6 November 2014 unearthed a Notice from the Anti – Dumping Commission (“ADC”) announcing the commencement of a new Investigation.

In this case the Notice refers to the Investigation relating to “certain polyvinyl chloride electric flat electric cables exported from the PRC”.  The Notice further identifies the cables ad being suitable for connection to the mains within a certain voltage range and complying with AS/NZ 5000.2, whether fitted with connectors or not”.  The Notice also refers to the cables coming with tariff subheading 8544.49.20 (statistical code 41) and draws attention to a fuller description of the cables in ADN 2014/118 and the corresponding Consideration Report issued by the ADC. More…

Read full article
ILN Today Post

Customs issue new notice linking customs brokers to identity theft

Last Friday (31 October 2014), a new notice issued by the Australian Customs and Border Protection Service (“Customs”) appeared on the Customs website addressing identity theft issues relating to licensed customs brokers (“LCB”).

The notice, ACBPN No 2014/52 can be found here.

The Notice raises a serious issue of “identity theft” within the Customs Integrated Cargo System (“ICS”).  Customs suggests that some LCBs have allowed “unscrupulous” parties to “piggyback” on the identity and details of legitimate traders without checking that the party is, in fact that legitimate trader.  The intent would be that the person incorrectly claiming the identity of the legitimate trader would not receive the same level of scrutiny of their consignments. More…

Read full article
ILN Today Post

Commencement of KAFTA nears together with reductions in general TCF duty rates

There has been movement on a couple of different fronts which will deliver reductions in duty.

Commencement of KAFTA

Over time I have provided updates on the progress of the Korea – Australia Free Trade Agreement (KAFTA) including summaries of the KAFTA and the implications for industry in various CBFCA CPD presentations.  More recently I have been involved with submissions to the JSCOT review of KAFTA and 2 separate Senate Inquiries into the KAFTA, which also included appearing before a Hearing of one of those Inquiries. More…

Read full article
ILN Today Post

Australian Federal Government moves on competitiveness and anti-circumvention

The policy space for those in the International Trade, Customs and related agricultural reform field has got much more crowded in the space of the last month!

If I may attempt to summarise

  • On Monday (20 October 2014) the Federal Government released its “Agricultural Competitiveness Green Paper”.  To view this paper click here.  The paper is a discussion of possible options proposed by stakeholders for improving the competitiveness of the agricultural sector.  The Government has invited stakeholders to comment on the Green Paper by 12 December 2014.  The finalised policy directions for improving the profitability and competitiveness of the agriculture sector will then be detailed in a “White Paper” as a precursor to actual reform. More…
Read full article
ILN Today Post

ADC initiates new investigation into alleged dumping of steel reinforcing bar

The ADC has achieved the “ton” with the issue of ADN 2014/100 on Friday, 17 October 2014.

Click here to view the ADN.

The Investigation was initiated at the application of OneSteel. More…

Read full article
ILN Today Post

Customs proposes TCO amendments. Goodbye to the 25% local content requirement?

Under the banner of the Government’s deregulation agenda, Customs has now published notice of a proposed amendment to the TCO regime by removing the current requirement that there needs to be 25% local factory costs before a party can object to a proposed TCO or seek revocation of a TCO.

Presumably this would also allow Customs to object to initiate its own revocation on the same basis. More…

Read full article