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

Yes, it is indeed very excited; thanks, Senator Whish-Wilson. The Queensland sugar industry have said they expect Australia to be able to fill 30,000 tonnes of duty-free sugar access to Peru—that's the initial quota that is provided for, and it will grow over time. CANEGROWERS Australia have said that they expect the deal will deliver an extra $13½ million to cane farmers alone. The Red Meat Advisory Council have described PAFTA as an exciting new opportunity in the Latin American meat market and have noted that the forecast is for Peruvian beef consumption to triple by 2020 and for sheep meat consumption to increase by 20 per cent by 2025. The new market access there provides opportunities for Australian producers to seize large parts of that forecast growth. Energy markets, the Australia-Latin America Business Council and others have all welcomed the opportunities this provides for deeper business integration and growth in exports.