United States - Australia Free Trade Agreement

Chapter Three - Agriculture - United States - Australia Free Trade Agreement - Text of the Agreement:

"1. Except as provided in paragraph 2, neither Party may introduce or maintain any export subsidy on any agricultural good destined for the territory of the other Party.

2. Where an exporting Party considers that a non-Party is exporting an agricultural good to the territory of the other Party with the benefit of export subsidies, the importing Party shall, on written request of the exporting Party, consult with the exporting Party with a view to agreeing on specific measures that the importing Party may adopt to counter the effect of such subsidized imports. If the importing Party adopts the agreed-upon measures, the exporting Party shall refrain from applying any export subsidy to exports of such good to the territory of the importing Party."

There is some absolutely rivetting reading in this document which revolves around export and import tarifs and agreements and the whole point of it, in a nutshell, is to grant benefits to the exporting country in areas that will benefit the importing country but not to allow the exporting country a benefit OVER the importing country where the importing country has goods which compete in that arena. Gottit? Seems to be about having your cake and eating it and that is a good trade agreement.