Australia-Chile Free Trade Agreement (ACI-FTA)

Country / jurisdiction: Australia · Year: 2009 · Status: In force · Level: National · Type: Voluntary

In the beginning of 2009, the Australia-Chile Free Trade Agreement (ACI-FTA) 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.

Official source: https://www.subrei.gob.cl/acuerdos-comerciales/acuerdos-comerciales-vigentes/australia#:~:text=El%20Tratado%20de%20Libre%20Comercio%20%28TLC%29%20entre%20Chile,hasta%20el%20mes%20de%20abril%20del%20a%C3%B1o%20siguiente.