Multinational companies should be aware of the OECD guidelines for multinational enterprises, which contain voluntary principles and standards for good governance in a wide range of areas, in accordance with current national legislation. These guidelines are approved and promoted by the Australian government. The European Court of Justice has ruled that the provisions relating to arbitration between the investor state (including a special tribunal under some free trade agreements) fall within the shared jurisdiction between the European Union and its Member States and that, for this reason, their ratification should be authorised by both the EU and each of the 28 Member States. [82] There is a mutual recognition agreement between the EU and Australia, which aims to facilitate trade in industrial products by removing technical barriers. The agreement establishes mutual recognition of compliance assessment procedures. This reduces the testing and certification costs of exports and imports. A comprehensive overview of political, economic and bilateral and regional trade agreements. CE marking is a mandatory compliance marking for certain products sold in the European Economic Area (EEA). Austrade strongly recommends confirming them before the sale to Italy. Do you need help preparing and submitting your application? We can provide independent consultants to help. Italy is part of the EU`s harmonised trading system and imports and exports fall under the EU customs and tax union. The European Union negotiates free trade agreements on behalf of all its member states, as EU member states have granted “exclusive jurisdiction” to conclude trade agreements. Nevertheless, the governments of the Member States control every step of the process (through the Council of the European Union, whose members are the national ministers of each national government).
The European Union has free trade agreements [1] and other agreements with a trade component with many countries around the world and negotiates with many other countries. [2] The Australian Trade Commission (Austrade) is the Australian government agency that helps Australian companies attract companies abroad for their products and services based on the time, costs and risks associated with the selection, entry and development of international markets. The annual high-level dialogue on high-level trade policy meets regularly to discuss bilateral trade relations. Increased trade is creating more Australian jobs and providing more opportunities for Australian businesses. Learn how to take advantage of free trade agreements. Read more… Tariffs and tariffs are constantly revised and can be changed without notice. The Australian Business Network in Italy is a forum where Australian organisations operating in Italy and Italian organisations doing business with them or in Australia can meet and network.
Labelling in Italian is generally necessary. It is advisable to confirm all packaging and labelling requirements with the local importer to ensure compliance with all local requirements. Some products, such as agricultural products and products that have an impact on health, safety or environmental impact, may be subject to certain import restrictions and/or rules. In these cases, it may be necessary to purchase import certificates and additional documents before being exported to Italy. For more information on import certificates, quotas and restricted products, please contact Italian customs. Austrade provides information, advice and a number of business services to help Australian businesses work at prices, costs and risks.
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