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PAPUA NEW GUINEA-AUSTRALIA
Papua New Guinea-Australia FTA
 Interactive trade indicators

Technical notes for performance indicators
Performance Indicators :
Member Countries

Australia Papua New Guinea

Agreement on Trade and Commercial Relations between the Government of Australia and the Government of Papau New Guinea

Status : Signed in 1976 .  In force since 1977
Scope : Bilateral
Type : Free Trade Agreement
WTO Notification : GATT Art XXIV 1976
Agreement text : 
http://rtais.wto.org/rtadocs/139/TOA/English/PATCRAAgreement.pdf
Other links : 
http://www.worldtradelaw.net/fta/agreements/patcrafta.pdf
WTO consideration process : 
http://rtais.wto.org/rtadocs/139/RelatedDocuments/Report/English/L4571_E.pdf
GOODS
Tariffs
Negative list
establishes free trade area consisting of Australia and Papua New Guinea
Rules of Origin
goods must be either 1) unmanufactured raw products of the state, or 2) manufactured goods 50% of the cost of which is in the state AND the last manufacturing process was in that state
Article 4
Contingency Measures
   Anti - Dumping : Allowed, after 60 days notice if no mutual agreement is reached. Article 13
   Countervailing Duties : n/a
   Safeguards : n/a

Standards : n/a
Notes:
Reviewed in 1991
SERVICES
WTO Notification (GATS Art. V)
       Date of notification

       Consideration Process : 


Liberalization Approach

Modes Covered

Specific Chapters on

Specific Sectors Excluded

Public Sectors carve-out :

Most Favoured Nation :

National Treatment :

Market Access :

Domestic Regulation :

Subsidies covered by services disciplines :

Denial of benefits for commercial presence :
          


Notes :
          


Link to schedules :
INVESTMENT
Scheduling Approach

Definition of investmentLimited to FDI

Most Favoured Nation : Not Featured
                           
National Treatment :
                           
Fair and Equitable Treatment :
                           
Expropriation :
                           
Board of Directors and executive personnel :

Invester - State arbitration :

Denial of Benefits :
          


Additional BIT exists between the parties :
          BIT list I :
                    Status:
          BIT list II :
                    Status:

Notes :
          Parties agree to consult in the future regarding investment. Papua New Guinea must accord Australian investment treatment no less favourable than that accorded to other nations, subject to Papua New Guinea laws/policies. Article 14


Link to schedules :
TRADE FACILITATION
Customs procedures : No
Customs valuation : No
Trade regulations publication and administration (transparency) : No
E-Commerce / Paperless trade : No
Cooperation in trade facilitation : No
OTHER AREAS
Government Procurement : No
Investment : Yes Article 14- very general and shallow mention of investment cooperation
Competition Policy : No
Intellectual Property : No
Dispute Settlement : No
Labor Mobility : No
Labor and Environmental Standards : No
Technical cooperation : Yes Parties shall encourage and facilitate the interchange of scientific and technical knowledge. Article 16
Institutional mechanism : No
Notes:
RULES OF ORIGIN
Cumulation
bilateral
Specific Process
last manufacturing process must be in the state
Heading Change
n/a
De Minimis
n/a
Minimum Content
50% of expenditure on material, labour, and factory overhead for manufactured goods.
Drawback
n/a
Http Link
Notes
PAPUA NEW GUINEA-AUSTRALIA
Papua New Guinea-Australia FTA

Member Countries
Australia
Papua New Guinea
Total: 2 countries

Agreement on Trade and Commercial Relations between the Government of Australia and the Government of Papau New Guinea

Status : Signed in 1976 .  In force since 1977
Scope : Bilateral
Type : Free Trade Agreement
WTO Notification : GATT Art XXIV 1976
Agreement text : 
http://rtais.wto.org/rtadocs/139/TOA/English/PATCRAAgreement.pdf

Other links : 
http://www.worldtradelaw.net/fta/agreements/patcrafta.pdf

WTO consideration process : 
http://rtais.wto.org/rtadocs/139/RelatedDocuments/Report/English/L4571_E.pdf
GOODS
Tariffs
Negative list
establishes free trade area consisting of Australia and Papua New Guinea

Rules of Origin
goods must be either 1) unmanufactured raw products of the state, or 2) manufactured goods 50% of the cost of which is in the state AND the last manufacturing process was in that state
Article 4

Contingency Measures
Anti - Dumping : Allowed, after 60 days notice if no mutual agreement is reached. Article 13
Countervailing Duties : n/a
Safeguards : n/a

Standards : n/a

Notes:
Reviewed in 1991


SERVICES
WTO Notification (GATS Art. V)
Date of notification :
Consideration Process :

Liberalization Approach

Modes Covered

Specific Chapters on
Specific Sectors Excluded
Public Sectors carve-out :

Most Favoured Nation :

National Treatment :

Market Access :

Domestic Regulation :

Subsidies covered by services disciplines :

Denial of benefits for commercial presence :


Notes:

Link to schedules :

INVESTMENT
Scheduling Approach

Definition of investmentLimited to FDI

Most Favoured Nation : Not Featured

National Treatment :


Fair and Equitable Treatment :


Expropriation :


Board of Directors and executive personnel :

Invester - State arbitration : No

Denial of Benefits :


Additional BIT exists between the parties :No

BIT list I :
Status:
BIT list II :
Status:

Notes :
Parties agree to consult in the future regarding investment. Papua New Guinea must accord Australian investment treatment no less favourable than that accorded to other nations, subject to Papua New Guinea laws/policies. Article 14


Link to schedules :

TRADE FACILITATION
Customs procedures : No
Customs valuation : No
Trade regulations publication and administration : No
Use of ICT : No
Mobility of business people : No
Freedom of transit : No
Transport and logistics : No
Trade finance : No

OTHER AREAS
Government Procurement : No
Investment : Yes Article 14- very general and shallow mention of investment cooperation
Competition Policy : No
Intellectual Property : No
Dispute Settlement : No
Labor Mobility : No
Labor and Environmental Standards : No
Technical cooperation : Yes Parties shall encourage and facilitate the interchange of scientific and technical knowledge. Article 16
Institutional mechanism : No

Notes:


RULES OF ORIGIN
Cumulation
bilateral
Specific Process
last manufacturing process must be in the state
Heading Change
n/a
De Minimis
n/a
Minimum Content
50% of expenditure on material, labour, and factory overhead for manufactured goods.
Drawback
n/a
Http Link

Notes

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