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The relatively large proportion of SME unilateral APAs in the program has kept average processing times within our target as these are typically quicker types of applications to process. SME companies sometimes make unilateral applications for this reason, and because the preparation costs can be lower compared with those associated with preparing and submitting a bilateral application.
In 2010-11, bilateral APAs were completed with Japan, New Zealand, Singapore, Switzerland, the United Kingdom and the United States of America.
Over the life of the APA program, the number of bilateral and multilateral APAs averaged 41% of the total APAs completed; however, as figure 3 shows, the proportion fluctuates year to year.
Figure 3: Bi and multilateral APAs completed over program life (includes renewals)