Beef tariffs will be eliminated after 10 years. During the transition period, Australia will have immediate access to a duty-free quota of 35,000t, rising in equal instalments to 110,000t in year 10."In the subsequent five years, a safeguard will apply on beef imports exceeding a further volume threshold rising in equal instalments to 170,000t, levying a tariff safeguard duty of 20% for the rest of the calendar year. "Sheepmeat tariffs will be eliminated after 10 years.
During the transition period, Australia will have immediate access to a duty-free quota of 25,000t, rising in equal instalments to 75,000t in year 10."In the subsequent five years, a safeguard will apply on sheep meat imports exceeding a further volume threshold rising in equal instalments to 125,000t, levying a tariff safeguard duty of 20% for the rest of the calendar year." Sugar tariffs will be eliminated over eight years. During the transition period, Australia will have immediate access to a duty-free quota of 80,000t, rising by 20,000t each year. Moving to dairy imports to the UK, the Australian department noted:
Dairy tariffs will be eliminated over five years. During the transition period, Australia will have immediate access to a duty-free quota for cheese of 24,000t, rising in equal instalments to 48,000t in year five."Australia will also have immediate access to a duty-free quota for non-cheese dairy of 20,000t," it was concluded.
