FTA Central

Updated: The United States under the Trans-Pacific Partnership (TPP) will grant duty-free access to Australia and New Zealand for major dairy product categories -- including milk powders, baby formula, ice cream and some cheese products -- over a period of between 10 to 30 years, according to fact sheets released by the three governments. U.S. tariffs on milk powder and non-fat dry milk will be fully eliminated over the next 20 to 30 years for both Australia...

The top trade officials from Australia and Chile on Monday (Oct. 5) both emphasized that the Trans-Pacific Partnership's (TPP) rules on monopoly periods for biologic drugs will not require any changes to their domestic laws and regulations -- an outcome that has drawn praise from generic pharmaceutical manufacturers but strong criticism from brand-name drug companies. “There should be absolutely no change. What we have succeeded in negotiating is an acceptance that we don't need to move to the American system,...

On top of the sugar market access it granted Australia under the Trans-Pacific Partnership (TPP), the United States has also agreed to grant additional access for Canada in the amount of 19,200 metric tons. The new Canadian access consists of two separate tariff-rate quotas of 9,600 metric tons of beet sugar and 9,600 metric tons of sugar-containing products (SCP), according to informed sources. The in-quota tariff for these two TRQs would be zero, one source said. These new quotas would...