AUSTRALIA-HONG KONG FREE TRADE AGREEMENT
Dear Client,
Please be advised that the Australia-Hong Kong Free Trade Agreement (A-HKFTA) enters into force on 17 January 2020.
From this date tariffs for qualifying goods produced in Hong Kong will be removed.
Like Australia’s other FTA’s the A-HKFTA has it own set of rules of origin to determine whether goods are considered originating goods.
Goods may be considered Hong Kong originating goods if they are:
- wholly obtained or produced in Hong Kong:
- produced in Hong exclusively from originating materials;
- produced in Kong Kong using non originating materials provided they meet the Product Specific Rules of Origin
Unlike the Australia-China FTA there is no requirement for a third party certification. Declaration of compliance by the supplier is sufficient provided the declaration meets Minimum Data Requirements.
Full details can be found at the Dept. of Foreign Affairs website https://dfat.gov.au/trade/agreements/in-force/a-hkfta/Pages/default.aspx
Please do not hesitate to contact a member of your Southern Cross Customs Team if you need any further information or assistance with the requirements of the new FTA.
