China FTA safeguard sting

Updated April 2 2019 - 5:05am, first published 4:31am
China FTA safeguard sting

WITH Australia now well advanced in its progression through the tariff reduction schedule for beef in the China-Australia Free Trade Agreement (ChAFTA), elimination of tariffs is now only five years away (Jan 1, 2024) but the little known sting in the tail is that the special agricultural safeguard measure will continue at least until 2031 and then there is the possibility of a further six-year extension after that.

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