Indi agriculture producers likely to gain from Australia-China Free Trade Agreement
Indi agriculture has been given a boost from the Australia-China Free Trade Agreement (FTA), with dairy, wine and beef producers potentially the big winners.
Independent Member for Indi, Cathy McGowan AO, congratulated the Government on completing the historic FTA deal, which is being hailed as a win-win for both countries.
Ms McGowan said the Minister for Trade and Investment, the Hon Andrew Robb, deserved praise for his effort in getting the FTA completed.
Full details of the FTA are yet to be made public, however, Ms McGowan said the dairy industry in Indi should benefit from greater access to the Chinese market.
“The removal of tariffs from 2016 onwards may help secure the future for our dairy farmers who want to increase milk production, create jobs and export their product,” Ms McGowan said.
“This agreement also helps level the playing field with New Zealand in the dairy sector, and this will be welcomed by dairy farmers who are looking for higher farmgate returns.”
Ms McGowan said reports the removal of tariffs would occur on wine and beef was also good news for the North East.
“This will bring confidence to our agricultural sector and create more competition between other exporters such as New Zealand,” Ms McGowan said.
“I’m looking forward to continuing to work with the Government to grow exports.”