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July 15, 2004 

House Approves U.S.-Australia Free Trade Agreement

The U.S. House of Representatives yesterday approved the U.S.-Australia Free Trade Agreement (FTA) by a vote of 314-109. The U.S.-Australia FTA would eliminate duties on more than 99% of manufactured goods sold between the two countries.

The Senate Finance Committee yesterday also approved the U.S.-Australia FTA. The full Senate could vote on the FTA as soon as today.

Australia is the United States’ 14th largest export market. Australia purchased more than $13 billion of U.S. goods in 2003, including aircraft, computer accessories, pharmaceuticals and medical equipment.



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