The free trade agreements (FTAs) benefit both importers and exporters in getting reduced tariffs on various goods. However, there is a definite procedure that you must follow to enjoy these benefits. If you are an exporter from Australia exporting goods to the countries like China, Thailand, Korea, Japan and others, you must study the FTAs and prepare documents like a certificate of origin . In order to understand the procedure, here are three steps to go through. Number 1: Refer to the Right FTA to Know Tariff Cuts Australia has many FTAs that are currently in force. For example, the country’s FTA with Japan is officially known as JAEPA. Likewise, the FTAs with Korea, Thailand and various ASEAN countries are respectively called KAFTA, TAFTA and AANZFTA. You can access the content of these FTAs from FTA portals. Once you open the FTA portal, you would be required to search for the goods you wish to search the current tariffs for. There are two ways of doing it: Type the name ...