| What is a free trade agreement? |
Policy
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What is a free trade agreement?
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A Free trade agreement is a negotiated agreement between two or more countries to form a free trade area. The free trade area increases trade between the signatories through the removal of tariffs, quotas, "buy local" penalties and other trade barriers.
For further information on free trade agreements that impact Tasmanian Government procurement please see the Treasurer's Instructions 1102 and 1202 and the Free Trade Agreements Guideline.