Many of our farmers and growers will be able sell to 10 countries at reduced tariffs once the Comprehensive and Progressive Agreement for Trans-Pacific Partnership comes into effect.
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With 67 per cent of what we produce and one in four jobs in regional Australia reliant upon export markets, this deal will see better prices flow directly to farmers by making their products more competitive.
This will give our farmers more buyers to compete for their clean, green product and therefore has the potential to help agriculture/horticulture grow in our region.
Australia already exports $12.3 billion of agricultural products to Progressive Agreement for Trans-Pacific Partnership countries, and this deal will speed up growth in the Pacific region.
The partnership is the latest trade agreement the Coalition government has secured, along with bilateral deals with China, Japan, South Korea and Chile which will help our farming sector grow.
Many of our region’s farmers will benefit from a number of improved trading conditions
- MP David Gillespie
Trade Ministers in participating countries are expected to sign the Comprehensive and Progressive Agreement for Tans-Pacific Partnership on March 8.
