Related Keywords: Australian market, duty free entry, implemented by Australian govt, New Developing countries, raw material, wool products
The new Developing Countries (DC) Preference implemented by the Australian Government started on 1st January this eases the way for duty free entry to Australian market. Under this new system, it allows Fijian TCF manufacturers and exporters to source raw materials including wool products from more cost effective sources outside the region such as China, Bangladesh, India, Thailand and Vietnam and include it in the calculation of local content and then convert these into finished garments for duty free export into Australia.
