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Sparteca Free Trade Agreement

See www.homeaffairs.gov.au/Freetradeagreements/Documents/origin4.pdf for SPARTECA Reference mitt.oceanic.net.fj/wp-content/uploads/2018/10/SPARTECA.pdfHandbook and click on the link for SPARTECA SPARTECA is a non-reciprocal and non-discriminatory trade agreement in which Australia and New Zealand grant duty-free access to all products originating in the CIF (with the exception of sugar in the case of Australia). The South Pacific Regional Trade and Economic Co-operation Agreement (SPARTECA) is a non-reciprocal trade agreement under which Australia and New Zealand offer duty-free or concession-free access to most products originating in Forum Island Countries (FIC). In view of the commitment made by the Australian and Fijian authorities to develop a WTO-friendly agreement in place of the ICS, the SPARTECA system (TCF provisions) was developed. The SPARTECA Commission (TCF) concept complements the existing SPARTECA contract and provides for a change in the way local area content (LAC) is calculated for TCF products (products) entering Australia from Forum Island Countries (FICs). Under existing SPARTECA schemes, goods may enter Australia duty-free if the factory cost is greater than or equal to more than 50% of the total ex-works cost for the manufacture of the goods. These agreements are still in place. The local textile, clothing and footwear (TCF) industry in Fiji has grown over the past 10 years and is now one of the most important industries in Fiji. In 1997, the TCF industry accounted for 26% of Fiji`s total domestic exports; It contributed about 3.5% of GDP and gave employment to about 18,000 people, or 16% of the total paid workers. The rapid expansion of the TCF industry in Fiji was attributed to the australian government`s abolition of TCF quotas in 1987, which allowed quota-free and duty-free access under SPARTECA, the introduction in 1988 of the tax free Factory/Zone (TFF/TFZ) scheme and the Australian Import Credit Scheme (ICS). The South Pacific Regional Trade and Economic Co-operation Agreement (SPARTECA) is a non-reciprocal trade agreement in which Australia and New Zealand offer duty-free and unlimited access to certain products from Pacific Islands Forum Development Island member countries. The agreement was signed in Tarawa, Kiribati, in 1980, and is subject to rules of origin to address unequal trade relations between the two groups. [1] The textile, clothing and footwear (TCF) industry has been one of the main beneficiaries of SPARTECA thanks to preferential access to the Australian and New Zealand markets.

The Agreement entered into force on 1 January 1981. The Australian CSI began in July 1991 as part of a wide range of customs and industrial reforms in Australia. It was imposed as a temporary measure to promote Australian exports of TCF and ceased on 30 June 2000, except in the case of Fiji, where an extension had been granted until October 2000. SPARTECA contains provisions on general economic, commercial and technical cooperation, guarantees for dumped products and subsidies, suspension of commitments and provisions on general exemptions and customs duties. Sparteca also provides special treatment and support for small island states (SICs), i.e. the Cook Islands, Kiribati, Nauru, Niue, Tonga, Tuvalu and Westsamoa. Fiji continues to export under SPARTECA and has led to the growth of different sectors. From 2001 to 2014, Fiji`s textile, clothing and footwear (TCF) sector benefited from the SPARTECA TCF scheme, which has since been replaced in 2015 by the Developing Country Preference Scheme (DCPS) in the case of Australia. . . .