More Than Just TariffsStella Park
Korea Australia Free Trade Agreement
The Korea Australia Free Trade Agreement (“KAFTA”) entered into force on 12 December 2014.
This agreement did not just contain provisions for the removal of tariffs for the trade in goods it also aims to eliminate other barriers which impedes on the trade relationship between the two countries.
Set out below are a few of the significant behind-the-border barriers which KAFTA provisions have addressed.
Trade in services
Australian financial services providers may:
establish a commercial presence or acquire institutions in [...]