Korean tariff reductions mean big business for Australian macadamias
The Australian Macadamia Society (AMS), the peak industry body for the Australian macadamia industry, has welcomed a new free trade agreement (FTA) with South Korea that will see the tariff on macadamia exports reduced from 30 per cent to just 18 per cent by 1 January 2015 and tariff-free by January 2018.