REGIONAL COMPREHENSIVE ECONOMIC PARTNERSHIP (RCEP)
Australia, China, Korea, Japan, New Zealand and the ASEAN nations have signed the long negotiated Regional Comprehensive Economic Partnership (RCEP). RCEP is a massive Free Trade Agreement (FTA) which covers 58% of Australia's two way trade in goods and services.
Russell Wiese, Principal Hunt & Hunt Lawyers has provided a commentary addressing:- Benefits of RCEP
- Will this agreement make trade easier?
- When will it commence?
- Can other parties join?
- Does this improve the noodle bowl?
- The assessment to be undertaken
- The elephant in the room
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LOGS AND TIMBER CEASE SHIPPING TO CHINA
As outlined in the above commentary, the Morrison Government is hoping that the symbolic gesture of signing RCEP will reset China Australia trade relationships. However, if the Chinese government maintains, or increases, restrictions on the import of Australian goods, RCEP may face difficulties in obtaining parliamentary approval.
Compounding these concerns, we note yesterday's advice from ANL & CMA CGM that they will suspend acceptance of cargoes of logs, timber, wood, treated or untreated etc from origin Victoria and Queensland to all ports in China. This will also impact cargo that has departed Queensland and Victoria on 31st October & 11th November respectively. Impacted cargo, including on route, will need to be redirected or cancelled from loading to China with costs to be for the account of the shipper - READ MORE |
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| THE IMPORTANCE OF OPEN TRADE FOR AUSTRALIA'S POST COVID ECONOMIC RECOVERY |
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| Thank you once again to the Department of Foreign Affairs and Trade (DFAT) for their commentary in the Spring 2020 edition of Across Borders. |
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Open trade will be a vital element of any economic recovery, and that of our trading partners. It has expanded our global economy, enhanced our standards of living and lifted people out of poverty in our region. It has placed Australia in a position where, in the middle of an unprecedented global pandemic, we recorded in June our 30th consecutive monthly trade surplus - despite the disruptive impact of COVID-19 on economic activity, including on key service export sectors, tourism and education.
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WEBINAR - GLOBAL SUPPLY CHAIN UPDATE
12PM AEDT FRIDAY 27 NOVEMBER 2020
This week Australia became a party to the Regional Comprehensive Economic Partnership, the World's largest Free Trade Agreement. Next week the Department of Home Affairs will host a supply chain focused Industry Summit.
Hunt & Hunt Lawyers and Freight & Trade Alliance (FTA) will provide an update on these supply chain developments including:- benefits of RCEP for Australian importers and exporters;
- rules of origin and documentary requirements under RCEP;
- how does RCEP impact on global supply chains; and
- the important takeaways from the Home Affairs Industry Summit.
Register HERE |
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TOMORROW'S WEBINAR - DIPLOMA OF CUSTOMS BROKING - TLI50816
12PM AEDT WEDNESDAY 18 NOVEMBER 2020
FTA is delighted to advise that the WiseTech Academy has been accredited by the Australian Government training regulator, ASQA, to provide the nationally recognised TLI50816 Diploma of Customs Broking (the Diploma) - media release available HERE
The Diploma is accepted by the National Customs Brokers Licensing Advisory Committee (NCBLAC) as the pre-requisite course for those seeking to become licensed Customs Brokers in Australia.
FTA will host the WiseTech Academy team in an interactive webinar providing detailed information on course delivery, content, enrolment process, commencement dates and cost.
Time will also be allocated to answer all your questions - register HERE |
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GOVE ALUMINIUM FINANCE (GAF) IS THE NEWEST MEMBER TO JOIN APSA
GAF, 70% owned by CSR and 30% owned by AMP, was created in 1980 when a joint venture was created to form Tomago Aluminium Company.
Tomago Aluminium is Australasia's largest aluminium smelter and has been operating 24 hours a day since 1983. The company contributes $1.5 billion annually to the Australian economy, of which $800 million is spent locally.
Based in Newcastle, GAF are a major containerised exporter vi rail through to Port Botany.
The smelter produces 600,000 tonnes of aluminium every year, of which GAF owns 36%. Tomago Aluminium represent 25% of Australia's primary aluminum and 90% of the product is exported to the Asia-Pacific region.
Great to see APSA continuing to thrive with new members adding strength to our advocacy.
EXPORTER APSA MEMBERS
IMPORTER FTA MEMBERS
FREIGHT FORWARDER / CUSTOMS BROKER FTA MEMBERS
JOIN THE ALLIANCE
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- ABS - International Merchandise Trade, Preliminary, Australia, September 2020 ...
read more - ABS - International Trade in Goods and Services, Australia, September 2020 ... read more
- CTS - Global TEU volume and price index September 2020 ... read more
- CTS - Australasia & Ocenia Import/Export volume September 2020 ... read more
- Flinders Ports Trade Statistics October 2020 ... read more
- Fremantle Ports Trade Statistics September 2020 ... read more
- Fremantle Ports - APSA Trade Statistics September 2020 ... read more
- IATA - Ecomomic Performance of the Airline Industry ... read more
- Port Botany and Port Kembla Trade Statistics September 2020 ... read more
- Port of Brisbane Monthly Trade Report September 2020 ... read more
- Port of Brisbane 3rd Qtr Trade Statistics … click here
- Port of Brisbane September 2020 Quarter Aggregated Cargo Trade Volume … click here
- Port of Melbourne Monthly Trade Report September 2020 ... read more
- Port of Newcastle Monthly Trade Report October 2020 ... read more
- Port of Townsville Import/Export containerised goods in TEU'S ... read more
- Port of Townsville September 2020 Trade Report ...read more
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- Shipping Line Notices 10th to 16th November 2020 ... read more
- Coronavirus Shipping Line Notices 10th to 16th November 2020 ... read more
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11.11.20 - Svitzer Australia - MUA protected industrial action ... login required
13.11.20 - NSW Ports welcomes long term lease for gas terminal ... read more
16.11.20 - DP World Australia - Authorised stop work meetings ... login required
16.11.20 - Seqirus moves advanced vaccine manufacturing facility to Melbourne Airport Business Park ... read more |
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| 12.11.20 - International freight assistance mechanism briefing ... read more |
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10.11.20 - DAWE - 190-2020 - Requirement to notify of COVID-19 cases ... login required
10.11.20 - DAWE - 191-2020 - COLS, MARS and PEBS unavailable from 23:00 Saturday 14 November to 04:00 Sunday 15 November 2020 (AEDT) ... login required
10.11.20 - DAWE - In this section 192-2020 - COLS, MARS and PEBS unavailable from 23:00 Saturday 14 November to 04:00 SUNDAY 15 November 2020 (AEDT) ... login required
11.11.20 - Department of Agriculture 1800 contact number ... read more
11.11.20 - Imported foods change to inspections and review of food regulatory consistency ... read more
12.11.20 - DAWE - Biosecurity advice Hydromimetes Natans for the biological control of Cabomba Caroliniana 2020-P12 ... login required
13.11.20 - Delays in imported foods processing & cargo compliance verigication inspections in Melbourne ... read more
13.11.20 - DAWE - 193-2020 - DAWE review of in-transit cold treatment procedures for fresh produce ... login required |
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11.11.20 - ABF - TC Gazette 20-42 ... read more
11.11.20 - Australian Customs Notice No. 2020-43 Expansion of origin waiver benefit for Australian Trusted Traders ... read more
12.11.20 - ABF - Application for Customs Broker Licence 2020-45 ... read more
13.11.20 - NZ Customs Release 586 ... login required |
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16.11.20 - The Regional Comprehensive Economic Partnership – The issues for Importers, Exporters and Trade Professionals ... read more
16.11.20 - DFAT - Regional trade deal to boost export opportunities for Aussie farmers and businesses ... read more |
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ANTI-DUMPING COMMISSION NOTICES - ADN |
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10th to 16th November 2020- 2020/135 [PDF 738.06 KB] Monthly Status Report - October 2020, 12/11/20
- 2020/134 [PDF 130.34 KB] Case 548 Kraft paperboard, Extension of time to issue SEF and Final Report. USA, 12/11/20
- 2020/133 [PDF 210.26 KB] Case 562 Rod in Coil, Extension of time to issue SEF and Final Report, 12/11/20
- 2020/132 [PDF 130.87 KB] Case 544 Aluminium extrusions, Extension of time to issue SEF and Final Report, Malaysia, Vietnam, 12/11/20
- 2020/131 [PDF 131.14 KB], Case 541 Aluminium extrusions (surface finished), Extension of time to issue SEF and Final Report, Malaysia, 12/11/20
- 2020/130 [PDF 131.15 KB] Case 540 Aluminium extrusions (mill finished), Extension of time to issue SEF and Final Report, Malaysia, 12/11/20
- 2020/129 [PDF 73.22 KB] Case 527 Resealable can end closures, ), Extension of time to issue SEF and Final Report, Malaysia, 12/11/20
- 2020/126 [PDF 293.74 KB] Clear float glass, Expiry of Measures, China, Indonesia, Thailand, 12/11/20
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BUSINESS SALES / OFFICE LEASE |
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- QUOTE 2020/29 - Looking to acquire a Sydney / Melbourne based Customs Brokerage / Freight Forwarder
- QUOTE 2020/25 - Port Botany office space available to lease
More about our Classifieds service available HERE |
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| CPD - BORDER COMPLIANCE PROGRAM The revised dates for our events fall within the 2020/2021 customs broker licensing period (1 April 2020 to 31 March 2021) and will continue to provide 24 CPD points. 6 additional CPD points will need to be obtained in Stream A.
Please note the status of each event is due to the current 4m Covid distancing requirements. Should these requirements be eased capacity at these events will be increased.
CPD Border Compliance Program – (1 April 2020 to 31 March 2021)
NSW: Friday 5 (SOLD OUT - Waiting list only) & Saturday 6 (2 Spots left) February 2021 – Novotel Brighton Le-Sands
VIC: Friday 12 & Saturday 13 February 2021 (PLACES STILL AVAILABLE) – Hyatt Place Essendon Fields
QLD: Wednesday 17 February 2021 (PLACES STILL AVAILABLE) – Novotel Brisbane Airport
WA: Saturday 20 February 2021 (SOLD OUT - Waiting list only) – Hyatt Regency Perth
If you wish to register please contact Caroline on czalai@ftalliance.com.au or 02 9975 1878
Refer to UPCOMING EVENTS |
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SAFE CONTAINER LOADING PRACTICES & HEAVY VEHICLE SAFETY |
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FINANCE REPORT
Weekly Market Commentary and Calendar.. read more |
CANDIDATE OF THE WEEK
 Melbourne - All Rounder/Account Manager ... read more |
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FTA and APSA are proud to connect members with the following sponsors as leading suppliers of services to the freight and trade sectors.
2020 sponsorship prospectus is available HERE |
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