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Showing posts from November, 2018

How FTAs Lead to Better Export Opportunities in Foreign Markets?

Free trade agreements or FTAs are the mutual agreements between Australia and its trading partners with the common aim of achieving reduced tariffs and import duties. By enclosing the Australian certificate of origin, the exporters from the country can achieve these benefits along with many others. Discussed below are some of the top ways in which obtaining AANZFTA certificate of origin for export to New Zealand and ASEAN countries and TAFTA certificate of origin for export to Thailand and many similar certificates are useful in exploiting the benefits of FTAs. Expanding the Reach Without the existence of FTAs between Australia and other countries, you might not be able to export your goods to a number of foreign markets due to high import tariffs. Obviously, it would limit the reach of your business products and deprive you from the profits that you desire. In other words, these agreements allow the creation of new and exciting trade opportunities. Increasing the Demand The red...