{"id":124474,"date":"2015-10-20T21:07:43","date_gmt":"2015-10-20T11:07:43","guid":{"rendered":"http:\/\/southburnett.com.au\/news2\/?p=124474"},"modified":"2020-11-10T12:43:27","modified_gmt":"2020-11-10T02:43:27","slug":"mp-praises-historic-trade-deal","status":"publish","type":"post","link":"https:\/\/southburnett.com.au\/news2\/2015\/10\/20\/mp-praises-historic-trade-deal\/","title":{"rendered":"MP Praises &#8216;Historic&#8217; Trade Deal"},"content":{"rendered":"<figure id=\"attachment_50586\" aria-describedby=\"caption-attachment-50586\" style=\"width: 200px\" class=\"wp-caption alignright\"><a href=\"http:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2013\/11\/brucescott.jpg\"><img loading=\"lazy\" class=\"size-full wp-image-50586\" title=\"Bruce Scott\" src=\"http:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2013\/11\/brucescott.jpg\" alt=\"\" width=\"200\" height=\"340\" srcset=\"https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2013\/11\/brucescott.jpg 200w, https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2013\/11\/brucescott-176x300.jpg 176w\" sizes=\"(max-width: 200px) 100vw, 200px\" \/><\/a><figcaption id=\"caption-attachment-50586\" class=\"wp-caption-text\">Member for Maranoa Bruce Scott<\/figcaption><\/figure>\n<p><strong>October 20, 2015<\/strong><\/p>\n<p>Member for Maranoa Bruce Scott says the Federal Government&#8217;s Trans-Pacific Partnership Agreement (TPP) will &#8220;open up a wealth of opportunity for our region&#8221;.<\/p>\n<p>The free trade agreement has been negotiated between Australia, the United States, New Zealand, Canada, Mexico, Peru, Chile, Singapore, Brunei, Malaysia, Japan and Vietnam.<\/p>\n<p>&#8220;As I sit on the Foreign Affairs, Defence and Trade joint standing committee and am the chairman of the Trade subcommittee, I can offer an insight this Coalition Government\u2019s landmark TPP Agreement,&#8221; Mr Scott said.<\/p>\n<p>&#8220;October 5 marked the conclusion of TPP negotiations \u2013 a historic deal which spans 12 countries and 40 per cent of the global economy.<\/p>\n<p>&#8220;This agreement will drive economic growth, create jobs and promote and facilitate regional supply chains.<\/p>\n<p>&#8220;In the Maranoa, agriculture and horticulture are set to be the biggest winning industries as a result of tariffs to be lifted on more than $4.3 billion of Australia\u2019s agricultural exports.<\/p>\n<p>&#8220;Preferential access or tariff reduction (will be introduced) on a further $2.1 billion of our agricultural exports including beef, dairy, cereals and wine.<\/p>\n<p>&#8220;The Asia-Pacific region is home to a burgeoning middle-class seeking clean, green food products, qualities synonymous with the Maranoa electorate.<\/p>\n<p>&#8220;One in five jobs in Australia is linked to trade so this is not only good news for our nation but also a positive step for the Maranoa.<\/p>\n<p>&#8220;This agreement will also provide certainty for businesses, cut the cost of trade and reduce red tape for Australian exporters, service suppliers and investors.&#8221;<\/p>\n<p><strong>Mr Scott said agricultural highlights included: <\/strong><\/p>\n<ul>\n<li><strong>Beef:<\/strong> TPP will see significant reductions and elimination of tariffs on beef and beef products into Japan; elimination of tariffs on beef and beef products into Mexico and Canada over 10 years and elimination of the AUSFTA beef safeguard into the US<\/li>\n<\/ul>\n<ul>\n<li><strong>Dairy Products:<\/strong> Tariff elimination, reductions and new quotas into the US and Japan<\/li>\n<\/ul>\n<ul>\n<li><strong>Horticulture:<\/strong> Elimination of all tariffs into Canada on entry into force<\/li>\n<\/ul>\n<ul>\n<li><strong>Pork:<\/strong> Elimination of Mexico\u2019s 20 per cent tariff on entry into force and the elimination of all Malaysian pork tariffs in 15 years<\/li>\n<\/ul>\n<ul>\n<li><strong>Raw Wool:<\/strong> Elimination of tariffs into TPP markets on entry into force<\/li>\n<\/ul>\n<ul>\n<li><strong>Sheepmeat:<\/strong> Elimination of tariffs on entry into force for all TPP markets (except Mexico).<\/li>\n<\/ul>\n<ul>\n<li><strong>Wheat and Barley:<\/strong> Mark-up reduction into Japan by 45 per cent within 10 years, estimated to reduce costs for exporters by about $200 per tonne (wheat) and $100 per tonne (barley).<\/li>\n<\/ul>\n<ul>\n<li><strong>Wine:<\/strong> Elimination of tariffs into key export market in Canada on entry into force and tariff elimination into Vietnamese markets<\/li>\n<\/ul>\n<p><strong>Mr Scott said more in formation about the TPP was available <a href=\"http:\/\/dfat.gov.au\/trade\/agreements\/tpp\" target=\"_blank\">online<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Member for Maranoa Bruce Scott says the Federal Government&#8217;s Trans-Pacific Partnership Agreement (TPP) will &#8220;open up a wealth of opportunity for our region&#8221;.<\/p>\n","protected":false},"author":20,"featured_media":281499,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3,36],"tags":[1134],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.11 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>MP Praises &#039;Historic&#039; Trade Deal - southburnett.com.au<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/southburnett.com.au\/news2\/2015\/10\/20\/mp-praises-historic-trade-deal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MP Praises &#039;Historic&#039; Trade Deal - southburnett.com.au\" \/>\n<meta property=\"og:description\" content=\"Member for Maranoa Bruce Scott says the Federal Government&#039;s 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