The full text of each agreement and information on the status of the existing free trade agreements, concluded and under negotiation are available on the website of the Ministry of Foreign Affairs and Trade (DFAT). The agreement contains, among other things, rules for the settlement of disputes between members of the telecommunications industry in one country with members of the other country. It gives the right to businesses: Chapter 18 of the agreement deals with labour and is largely limited to general declarations of principle. The parties reaffirm their obligations as members of the International Labour Organization (ILO) and their obligations under the ILO Declaration on Fundamental Principles and Rights in the Workplace and Its Monitoring (1998) (ILO Declaration). The agreement recognizes the right of each party to set its own labour standards and to adopt or amend its labour laws accordingly, and stipulates that each party strives to ensure that its legislation complies with labour standards that are consistent with internationally recognized labour principles. Chapter 2 of the Free Trade Agreement sets out the conditions for the type of goods subject to non-discriminatory treatment. Some types of goods are immediately fully applicable to the contract and some are imported over a one-year period or a period of temporary application. Chapter 19 raises concerns that a relaxation of environmental legislation would allow the parties to obtain commercial benefits. The Pharmaceutical Benefits Scheme (PBS) is a central part of the Australian health care system. The plan provides reimbursement to the community pharmacy for the dispensing of prescription drugs, which are prescribed according to the PBS schedule, a complete but closed formula.
Drugs are included in the formula based on an assessment of comparative efficacy and cost-effectiveness compared to the therapy most likely to be replaced in practice. The result is that, if there is no evidence of incremental utility, a drug may not be mentioned at a higher price than the comparator, with the result that for many (but not all, far from it) prices for subsidy purposes are much cheaper than in many other important markets. · The Australian central government will abolish its industrial development programmes, in which suppliers had to provide different types of offsets as a precondition for their contracts. B such as local content or local manufacturing requirements. · The emphasis is on promoting compliance through consultations, joint action plans and trade-enhancing remedies. · Restricts the use of Australia`s selective tenders to ensure that U.S. suppliers have a fair chance to compete with government contracts.