Australia & Chile Sign Beef MoU
AUSTRALIA - A Memorandum of Understanding (MoU) between Australia and Chile was signed on 15 April under which Chile recognises the AUS-MEAT language as meeting the aims and objectives of the Chile Beef Grading Scheme.
29 April 2010
1 minute read
The agreement to proceed with a MoU was contained in a side letter to the Australia-Chile Free Trade Agreement (FTA) which entered into force on 6 March 2009, reports Meat and Livestock Australia.
The FTA resulted in elimination of the six per cent tariff on beef, lamb, mutton, offal, goat and processed product.
The resultant MoU removes the last remaining barrier facing Australian beef exports to Chile – the cost of employing Chilean beef graders which was necessary in order to market beef in Chile.
The Australian beef industry exported 1,703 tonnes of beef to Chile in 2009.
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