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CSI has been an active supporter of the negotiations for a Free Trade Agreement (FTA) between the United States and Australia. Two-way trade has grown significantly in the past decade, totaling more than $19 billion in 2001. The increased access to Australia’s market that an FTA would provide would further boost trade in both goods and services, enhancing employment opportunities in both countries. An FTA also would encourage additional foreign investment between the United States and Australia, adding to the many jobs that the significant investment flows between the two countries currently support.
Negotiations on the US-Australia Free Trade Agreement concluded on February 8, 2004, and the official notification of the agreement was sent to the Congress on February 13. The agreement was signed in Washington on May 18, 2004, and Congressional consideration occurres at the end of July 2004. To see the final text of the agreement, click here. To see the USTR fact sheet on the agreement, click here.
| Recent Documents and Activities |
May 18, 2004: U.S.-Australia FTA to Open New Opportunities for US Service Sector.
May, 2004: U.S.-Australia FTA: Benefits for the US Service Industry, May 2004.
March 15, 2004: Trade advisory groups report on U.S.-Australia FTA. To see the reports, click here.
February 9, 2004: U.S.-Australia FTA Opens Services Opportunities, Raises Investment Concerns.
February 8, 2004: U.S. and Australia Conclude FTA Talks.
January 30, 2004:
Letter to U.S. Trade Representative Robert Zoellick on Investment Objectives.
January 15, 2003: Statement on Australia to the U.S. Trade Policy Review Group.
December, 2002: CSI Guidebook on Services Priorities for the U.S.-Australia Free Trade Agreement.
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