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Peru-Australia Free Trade Agreement enters into force

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Christian Fernsby ▼ | February 13, 2020
The Australian minerals industry has access to new export markets and investment opportunities with the Peru-Australia Free Trade Agreement (PAFTA) entering into force today.
Australia mining
Countries agreement   Australia mining
Under PAFTA, Peru will eliminate 99.4 per cent of its tariffs, including on valuable Australian resources such as iron ore, copper, nickel, coal, mineral fuels and oil.

Topics: Peru Australia trade agreement

The agreement also removes barriers for Australian mining equipment, technology and services (METS) and reduces trade costs through more streamlined customs and administrative arrangements.

This new access for Australia’s minerals industry will drive exports and help create new highly skilled and high paid jobs.