AUSTRALIAN PHARMA TO BENEFIT FROM SOUTH KOREA-AUSTRALIA FREE TRADE AGREEMENT

Australia and South Korea concluded negotiations for a free trade agreement in December last year that could see tariffs for Australian pharmaceuticals slashed by as much as 8 percent. Under the agreement Australia’s fourth largest trading partner South Korea will eliminate tariffs for Australian manufactured goods including pharmaceuticals and vitamins over the next 7 years.

 

 

 

 

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