World Trade Organisation Trade Facilitation Agreement—2014 Inquiry
- Being a multilateral agreement, the WTO TFA benefits will be offered on an MFN basis, which is the best possible outcome for Australian exporters.
- Australian exporters, especially small exporters, will benefit from the WTO TFA because of the additional transparency and access to information
if affords. For example, the requirement of all member countries to publish relevant procedures and forms for importing goods on the internet,
as well as the provisions on advanced rulings will provide more clarity and confidence to businesses before their goods leave Australia. Indeed,
the ECA believes that the WTO TFA may form a platform to develop provisions for Rules of Origin and Certificates of Origin that could be specific
to SMEs as these procedures often unfairly disadvantage smaller companies.
- The speeding up of import procedures and processes will enable Australian goods to get to market quicker. The quick release of perishable goods
is a noteworthy benefit of the WTO TFA and one that will be welcomed by Australia’s food and beverage exporters.
- Improving trade facilitation will reduce business costs for Australian exporters and make their goods more affordable to overseas consumers, thus
improving their international competitiveness.
- As stated by DFAT, it is estimated that the full implementation of the agreement could reduce the costs of trading across borders by up to 10 per
cent for OECD countries.
- The WTO TFA is consistent with the obligations of the parties to the World Customs Organisation SAFE Framework of Standards to Secure and Facilitate
Dee-Ann Prather, Down Under Enterprises International
NSW Women in Global Business Award winner
Member of the ECA
“90% of our business is export based and we are expanding rapidly throughout Asia. As we move into new countries and regions it is important to understand the country, culture and business norms and ECA has helped us do this through their programs. ECA has also helped us improve our shipping and documentation efficiency, especially with the new GHS requirements. Overall, ECA is a wealth of information and knowledge and have always been very helpful when we have specific issues or questions.”Become a Member
Nuix is the 2015 Premier's NSW Exporter of the Year. As a technology company that protects, informs and empowers society. Nuix has more than 1,500 customers in over 60 countries, including all major global regulatory agencies, leading security and law enforcement agencies, all tier one advisory and litigation support vendors, and many of the world's leading financial institutions, corporations and government departments.