Local businesses can hear how to access the benefits of Australia’s Free Trade Agreements (FTAs) with North Asia during a free seminar in Albany on November 6, Assistant Minister for Trade and Investment Keith Pitt.
Federal Member for O’Connor Rick Wilson will host the event, beginning at 8.30am at the Albany Entertainment Centre.
Greg Cross, Western Australia General Manager for Fletcher International Exports, will also attend, discussing the positive impact of lower tariff barriers on the company’s lamb and sheep meat exports.
Since the China-Australia Free Trade Agreement (ChAFTA), the Japan-Australia Economic Partnership Agreement and the Korea-Australia Free Trade Agreement entered into force, significant and ongoing tariff reductions have provided advantages for many Australian products and services exported to these markets.
Mr Pitt said a whole range of industries in the region could benefit.
“Australian products now receive preferential access to more than a billion potential customers in China, Japan and Korea thanks to provisions negotiated by the Australian Government,” Mr Pitt said.
“I encourage anyone in business locally to attend.”
As well as hearing from Mr Wilson and Mr Cross, attendees will receive practical exporting advice from representatives of Austrade, the Department of Foreign Affairs and Trade (DFAT) and AusIndustry.
Mr Wilson said the region’s economy was well positioned to supply to the markets of North Asia.
“As each Free Trade Agreement sees tariffs and barriers to those markets reduced over time, they become more accessible for local companies that might not have previously looked at exporting as a viable option,” Mr Wilson said.
“Some of the tariff reductions for industries like agriculture are highly significant, so there’s plenty of potential to expand exports from this region.
“I’d like to make sure those businesses in the Great Southern have access to all the resources they need to explore those options.”
Austrade and DFAT are running a series of North Asia FTA seminars across all Australian states and territories. Since March 2015, 84 seminars have been delivered around Australia.