Tariff cuts and better access for Aussie farmers in 2019

Australian farmers and businesses will continue to reap the benefits of Australia’s free trade agreements with further tariff cuts set to boost Australia’s competitive advantage in two of our major export markets.

Minister for Trade, Tourism and Investment Simon Birmingham said the latest round of tariff cuts on January 1, 2019, under Australia’s trade agreements with China and Korea would build on the substantial economic benefits these two major agreements had already delivered for Australian exporters.

“China and Korea are two of our largest trading partners, and these tariff reductions will provide a significant boost for Australian businesses looking for export opportunities into these markets,” Mr Birmingham said.

“With Australian goods exports to China already totalling $106 billion, this latest round of cuts means tariffs have now been eliminated on 5418 products and give Australian exporters an even greater competitive edge in the Chinese market.  - Read more of this Good Fruit & Veg article.