Chile-Australia Free Trade Agreement
In the beginning of 2009, the Australia-Chile Free Trade Agreement entered into force. The agreement covers goods, services, and investment trade flows.
The Agreement eliminates tariffs on a majority of goods, including:
- Agglomerated and reduced iron;
- Alumina, scrap metal, and ammonia;
- Crude steel, aluminium, nitrogen fertilizers;
- Solar PV modules, solar cells, solar wafers, polysilicon,
- Battery packs, battery cells, anodes and cathodes;
- Electrolyzes, heat pumps, electric vehicles, ICE car;
The Agreement also includes rules of origin and local content provisions. Goods are counted as originating from each country if:
- They meet a minimum regional value content specified for each good
- Total value of non-originating materials does not exceed 10 to25 percent of the customs value of the final good.
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