US FTA
in
The
Australia/US FTA was seen as unfair and rejected by many in the
community, leading to the largest community debate and campaign about a
trade agreement seen in Australia. There was strong community concern
about the impacts of an FTA on medicine prices, local media content,
quarantine standards, regulation of genetically modified food,
regulation of foreign investment, and the provision and regulation of
essential services. The FTA came into effect in 2005 and has affected
the price of some medicines, has prompted a debate about blood
processing services and has reduced the ability of governments to
regulate levels of Australian ownership in essential services like
water and energy.
AFTINET continues to monitor the impacts of the FTA. Read more...
