What the Trans-Pacific Partnership means for agriculture
Highlights of the Trans-Pacific Partnership:
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- Beef: Improving on the results from the Japan-Australia Economic Partnership Agreement the TPP further will reduce tariffs on Australian exports of beef to 9 per cent.
- SUGAR: Australia has been granted an effective doubling of access into the US.
- RICE: For the first time in over 20 years, Australia will be able to export more rice to Japan.
- DAIRY: Japan tariffs will be eliminated on a range of cheeses covering over $100 million in existing Australian trade. Access for 9000 tonnes of cheese into the US.
- CEREALS: Tariffs will be eliminated on wheat and barley exports into Mexico (within 10 years) and Canada.
- WINE: Tariffs will be eliminated into Mexico (between 3 to 10 years), Canada, Peru (within 6 years) and, for the first time, Malaysia and Vietnam.
