U.S. Carriers To Share Connection Fees To Oz

T J Quoll pointed us to this story from Australia's The Age announcing an agreement reached this weekend among telecommunications officials from Australia, the U.S. and other members of the Asia-Pacific Economic Cooperation group. The officials, says the article, "agreed to scrap arrangements under which non-U.S. Internet carriers had to pay for the cost of links to and from the U.S., while U.S. carriers paid nothing." Sounds only fair to me. The article concentrates on Australia; can anyone enlighten us on how it will affect connections to other countries?