Marise Payne (NSW, Liberal Party, Minister for Defence) Share this | Hansard source

That is a very good question from Senator Abetz. The TPP will eliminate more than 98 per cent of tariffs between the parties to the agreement and will deliver major new opportunities for Australian exporters, clearly including those in Tasmania. In fact, in 2017, Tasmania's exports of goods to TPP countries were valued at $910.7 million, a rise of almost 10 per cent on the 2016 number. Senator Abetz and his Tasmanian colleagues have long argued for new trade opportunities for Tasmanian beef, seafood, wine and cheese. The TPP will achieve just that, including accelerated reductions in Japan's import tariffs on beef. The TPP will go even further than our FTA with Japan and include the elimination of beef tariffs in both Canada and Mexico within 10 years of entry into force and the elimination of all tariffs on seafood, horticultural and manufactured goods.