A Luncheon Briefing featuring Mr. Nasir Abbasi U.S. Commercial Consul  U.S. Consulate General in Melbourne
Friday, May 7, 2004 12:00 Noon (11:30 a.m. networking reception) Plimsoll Club, 30th Floor, WTC (Free validated parking in the WTC Garage)

FTA BENEFITS FOR U.S. COMPANIES

Trade between Australia and the United States has reached over $28 billion. With a Free Trade Agreement, this trade will expand. U.S. manufacturers estimate that the elimination of tariffs alone could result in $2 billion per year in increased exports of manufactured goods. For example, the FTA will provide duty free access to Australia for U.S. electric motors and generators, while imports from Japan and Germany will still be subject to 15 percent tariffs.

Most U.S. manufactured goods and all agricultural goods will be able to enter Australia duty-free. This is the most significant immediate reduction of industrial tariffs ever achieved in a U.S. free trade agreement. The services market has also been largely opened. The FTA will remove significant regulatory barriers, increasing market access in government procurement markets, strengthening intellectual property protection, and reducing screening barriers to U.S. investment.

The Department of Commerce has identified the following sectors as the best prospects for additional sales due to the FTA: oil and gas sector equipment; professional services; broadcasting and media and film production; construction; telecommunications; biotechnology, mining equipment, information technology, broadband technologies, aerospace, electric motors and generators, and automotive parts. 

In Cooperation With

 

Ark-La-Tex Regional Export & Technology Center

Baton Rouge Center for World Affairs

Consular Corps of New Orleans

Hispanic Chamber of Commerce of Louisiana

International Freight Forwarders and Customs Brokers Association of New Orleans

International Trade Council/Red River Region

Le Centre International de Lafayette

Louisiana District Export Council

Louisiana International Trade Center/SBDC

Louisiana Tax Free Shopping

Louisiana Technology Council

Propeller Club, Port of New Orleans

World Affairs Council of New Orleans

World Trade Club of Greater New Orleans

Cost: $30 for members of the sponsoring organizations and companies.  $35 for non-members.

If you are a WTC member, the registration fee can be charged to your account number noted on the registration form. 

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Click here for driving directions to the WTC.-