A landmark trade agreement between Australia and Indonesia will provide local producers with greater market access and opportunities within the region.

Member for Barker Tony Pasin said this was another major boost for the local economy.

“This agreement will open up new pathways and make Australian businesses more competitive within the Indonesian market and with other trading partners in the region,” Mr Pasin said.

“It will allow producers to take advantage of Indonesia’s growing economy particularly in our agricultural industries.

“This will not only help local businesses to grow into overseas markets, but with business growth also comes the creation of more local job opportunities,” Mr Pasin said.

Mr Pasin said the deal would see benefits for many of Barker’s agricultural sectors including:

  • Cattle – Duty free access from 575,000 cattle in one year, growing 4% p.a. to 700,000 by year 6
  • Frozen beef and sheep meat – Tariff cut to 2.5% immediately and again to 0% in 5 years
  • Feed grains – duty free access for 500,000 tonnes in one year, volume 5% p.a
  • Dairy – Immediate or progressive tariff elimination of remaining tariffs on dairy lines
  • Citrus – Progressive tariff elimination for mandarins; duty-free access for oranges, lemons
  • Vegetables – Progressive elimination of tariff on carrots; reduced tariff for potatoes

In addition to tariff reductions the deal includes guaranteed automatic issue of import permits for products such as live cattle, frozen beef, sheep meat, feed grains, mandarins, oranges, lemons, carrots, potatoes.

This deal is a big win for our producers and exporters.

“This landmark agreement forms part of the Coalition Government’s ambitious trade agenda that aims to support business to grow and create more jobs for Australians.”