A new landmark trade agreement between Australia and Indonesia will provide Barker’s agricultural industries with greater opportunities to expand within the region.
Member for Barker Tony Pasin said the agreement was a major boost for farmers across Barker and the extended supply chain that supports them.
“This agreement will open up new pathways and greater access to the Indonesian economy as well as the ability for local businesses to expand and strengthen their supply chains.
“I expect this agreement will not only help local businesses to grow into overseas markets, but will also create more local job opportunities.
“This is a win for our local farmers that produce red meat, citrus fruit, grain and dairy”
Highlights include:
– red meat producers – an immediate halving of the tariff on frozen beef and sheep meat from 5% to 2.5%, with elimination over 5 years.
– grain growers – annual duty free access for 500,000 tonnes of feed grains (wheat, barley, sorghum) – increasing 5% each year
– horticultural producers – better trade access for carrots, potatoes and citrus
– dairy producers – better trade access and eventual tariff elimination for all dairy products
Mr Pasin said the agreement would help forge stronger economic ties with one of our major trading partners and provide businesses and investors with more access to Indonesia’s trillion-dollar economy.
“It will also open new doors for Australian services industries including education, telecommunications, tourism, transport and health.
“This landmark agreement forms part of the Morrison Government’s ambitious trade agenda that aims to support business to grow and create more jobs for Australians.”
Contact: Charlotte Edmunds 8531 2466
