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ARTICLE · 28 MAY 2012

Further MAFTA update: Some details on the MAFTA revealed

Hunt & Hunt
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The Australian Trade Minister and his Malaysian counterpart signed the MalaysiaAustralia Free Trade Agreement (MAFTA).

AustraliaCorporate/Commercial Law
Andrew Hudson
Andrew Hudson
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Introduction

As foreshadowed in my e-alert of yesterday, the Australian Trade Minister and his Malaysian counterpart signed the MalaysiaAustralia Free Trade Agreement ("MAFTA") yesterday in Malaysia.

Consequently, the Australian Federal Government has released documentation regarding the MAFTA including a number of "Quick Guides" to the MAFTA, an introduction to the text of the MAFTA together with its full text. The MAFTA is comprised by 21 Chapters together with associated Annexes regarding specific schedules of tariff commitments, product specific rules of origin, schedules of specific services commitments, schedules of movement of natural persons commitments and "Side Letters" on commitments in relation to wine, environmental issues and labour issues.

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