Thailand-Australia Free Trade Agreement
The Thailand-Australia Trade Agreement is a comprehensive free trade and economic agreement, which notably provides for the elimination of border tariffs for :
- Electric generation equipment
- Mechanical equipment including pumps, appliances, and other advanced machinery
- Electric motors, transformers, batteries, and capacitors
- Motor vehicles
- Mineral ore and processed products including graphite, manganese, copper, aluminum, and nickel
- Various products manufactured using above minerals and metals such as sheets, powders, bars, and plates
- Photovoltaic cells
Under the rules of origin delineated in the Agreement, goods may benefit from preferential tariff treatment if wholly obtained or produced in one of the signatory countries, having undergone a production process in one of the signatory countries entailing a change in HS code headings at the level specified for each good; or meeting a specific minimum regional value content requirement.
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