The Hon. Mark Vaile, MP
The Hon. Mark Vaile, MP
FORMER MINISTER FOR TRADE

Media release

8 February 2004 - MVT08/2004

Free Trade Agreement with the United States

Trade Minister Mark Vaile today concluded an agreed text for the Australia-United States Free Trade Agreement with his US counterpart, Trade Representative Bob Zoellick.

"This historic deal offers enormous opportunities to all Australian companies interested in profiting in the world's largest and most dynamic economy," Mr Vaile said after a final negotiating session in Washington DC lasting more than two weeks.

"The agreement represents the culmination of months of effort, and is a great example of government working with industry to deliver real results for Australians."

The Agreement includes:

Importantly, critical elements of Australian public policy have not been compromised.

"The FTA between Australia and the United States is overwhelmingly in the Australian national interest," Mr Vaile said. "This deal will further integrate the Australian economy with the largest and most dynamic economy in the world, delivering lasting benefits for generations of Australians."

Further information can be obtained by calling the AUSFTA hotline (1 300 558 413), by visiting the Department of Foreign Affairs and Trade website [dfat.gov.au/trade/negotiations/us.html], or by emailing the Department on us_fta@dfat.gov.au

Contact: Brad Williams 02 6277 7420 or 0409 650 282 (in Australia)

Media contact: Matthew Doman 02 6277 7420

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