Removing Tariffs on Goods Originating from Least Developed Countries
This commissioned study has concluded. The research report was released on 28 October 2002.
The Parliamentary Secretary to the Treasurer asked the Productivity Commission to undertake a research study examining the effects of removing tariffs on goods that originate in least developed countries (LDCs), and to report within 2 months.
In undertaking the study the Commission examined:
- the responsiveness of exporters in LDCs to the proposed removal of tariffs in Australia
- likely effects of the proposal on:
- other developing countries, including members of the South Pacific Regional Trade and Economic Co-operation Agreement, that enjoy duty-free access to the Australian market through this agreement and other measures
- Australian manufacturers of goods directly in competition with imports from LDCs
- Australian consumers and the economy generally.
This report looks at the effects of removing tariffs on goods that originate in least developed countries (LDCs). The Commission's analysis suggests that removing tariffs on imports from these countries could significantly boost imports from these countries, particularly of clothing, and would have little impact in Australia on prices, incomes or jobs.