Australian services sectors likely to benefit most from China-Australia Free Trade Agreement

Australian services sectors likely to benefit most from China-Australia Free Trade Agreement. Following over 10 years of negotiations, the Australian and Chinese governments announced on 17 November that they had signed a declaration of intent for a landmark China-Australia Free Trade Agreement (ChAFTA) to be finalised in 2015. The Australian government declared that Australian businesses will have unprecedented access to the world's largest economy and that it would enhance the country's competitive position in key areas such as agriculture, resources and energy, manufacturing exports, services and investment. Roger Bridges summarises his initial impressions in this note: (VIEW LINK)