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Wednesday, 11 August 2004
Page: 2004


Mr VAILE (Minister for Trade) (9:15 AM) —I move:

That this bill be now read a second time.

I am pleased to introduce the second piece of TAFTA legislation. The Customs Tariff Amendment (Thailand-Australia Free Trade Agreement Implementation) Bill 2004 contains amendments to the Customs Tariff Act 1995 to implement part of TAFTA by:

providing duty-free access for certain goods and preferential rates of customs duty for other goods that are Thailand originating goods;

phasing the preferential rates of customs duty for certain goods to zero by 2015;

creating a new schedule 6 to the tariff to accommodate those phasing rates of duty; and

allowing the imposition of special safeguard action on sensitive products including canned tuna, processed pineapple and pineapple juice for the period from entry into force of the agreement until 31 December 2008.

This bill will complement the amendments contained in the Customs Amendment (Thailand-Australia Free Trade Agreement Implementation) Bill 2004.

Mr Speaker, I commend this bill to the House and present the explanatory memorandum.

Debate (on motion by Mr Cox) adjourned.