UK-Australia FTA Chapter 23: Development
Text of chapter 23 of the Free Trade Agreement (FTA) between the United Kingdom of Great Britain and Northern Ireland and Australia.
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The UK-Australia Development Chapter breaks new ground as the first chapter of its kind in an FTA between 2 developed nations.
This chapter acknowledges the importance of trade as a tool for economic growth and poverty reduction. It demonstrates our commitment to work with Australia on trade and development issues both bilaterally and multilaterally.
It includes provisions that recognise the value of joint development activities. It also facilitates cooperation, sharing of best practice on technical assistance and capacity building in support of developing countries.
It also allows for monitoring of the impacts of the agreement on developing countries.