US-OZ FTA NEW SHOES
February 1st, 2004
BY MATTHEW BRACE, in BrisbaneTHE AUSTRALIAN footwear industry is cautious about the new Australia-US Free Trade Agreement. Almost all lines will immediately be tariff-free if the deal is ratified, with 17 products losing tariffs over the next decade. The industry has not yet received the final list of products affected, however. Executive director of the Footwear Manufacturers' Association of Australia, Peter Eames, said short term benefits were "quite hard to see", with the high Australian dollar causing problems. "That exchange rate worsening from an exporters' ...
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