Senate debates
Tuesday, 18 November 2014
Questions without Notice
China-Australia Free Trade Agreement
2:14 pm
Eric Abetz (Tasmania, Liberal Party, Minister for Employment) Share this | Hansard source
There is no doubt that our dairy farmers will benefit enormously from this agreement. Indeed, the Australian Dairy Industry Council chair, Noel Campbell, expressed it like this:
[The free trade] agreement will allow the [Australian dairy] industry to flourish and capitalise upon robust demand in the Chinese market.
[It] will strengthen Australian dairy’s competitiveness by providing [the Australian dairy] industry with a significant advantage compared to other countries in the market that do not have a FTA with China …
China is already Australia's second largest market for dairy exports. New Zealand's dairy produce already receives a considerable tariff advantage under its bilateral free trade agreement with China. This free trade agreement will progressively close this gap. Tariffs will be eliminated across all dairy products. This is great news for Victoria. (Time expired)
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