February Newsletter

Coronavirus Update

We have received further information that some provinces in China have extended the holiday period till February 24th and confirmed, as per our earlier advice, that services and supply of goods are likely to be impacted well into March. Please continue to stay in contact with your suppliers for updates on their working arrangements. As the vessels coming into Australia are reduced, we are likely to see a shortage of containers available for export. We are concerned that shipping lines will be overbooking, due to the high demand, which will result in cancellations and transfers, which ICAL will have no control over. We would like our clients who export to be mindful of the potential delays. For further information, please see below website link. https://www.homeaffairs.gov.au/news-media/current-alerts/novel-coronavirus

Peru-Australia Free Trade Agreement

On February 11th 2020 the Peru-Australia Free Trade Agreement (PAFTA) entered into force, introducing a new chapter in the economic relationship between Australia and Peru. A Certificate of Origin is the basis for a claim of preferential treatment under PAFTA. This document can be completed by the exporter or an authorised representative of the exporter or producer. For further information on the agreement and determining the originating status of goods and materials, please see below website link. https://www.abf.gov.au/importing-exporting-and-manufacturing/free-trade-agreements/peru