Senate debates

Thursday, 5 December 2019

Questions without Notice

Trade

2:29 pm

Photo of Simon BirminghamSimon Birmingham (SA, Liberal Party, Minister for Trade) Share this | Hansard source

Australian farmers, businesses and service suppliers all stand energised in terms of the opportunities of these recently legislated agreements, which we trust will all come into reality next year following complementary action in those other nations. Those types of sectors that we're going to see pursue opportunities are the farming sector in relation to the Indonesia agreement, where there will be a zero tariff applied for 500,000 tonnes of feed grains under the Indonesia agreement, a quota that will grow by some five per cent per annum; new opportunities for services businesses, particularly in the education space, to operate in Indonesia under that agreement; lower costs for wine exporters as a result of the Hong Kong agreement through new labelling rules and more transparent regulations; immediate duty free access into Peru for Australian wine, sheep meat, kangaroo meat and wheat under the Peru agreement. These are just some of the benefits, which is why industry has so widely and warmly welcomed these agreements as they are taking advantage of our prior agreements.

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