{"id":314766,"date":"2022-03-16T11:28:30","date_gmt":"2022-03-16T01:28:30","guid":{"rendered":"https:\/\/southburnett.com.au\/news2\/?p=314766"},"modified":"2022-03-16T11:28:30","modified_gmt":"2022-03-16T01:28:30","slug":"australia-losing-free-trade-lead","status":"publish","type":"post","link":"https:\/\/southburnett.com.au\/news2\/2022\/03\/16\/australia-losing-free-trade-lead\/","title":{"rendered":"Australia Losing ‘Free Trade’ Lead"},"content":{"rendered":"
\"\"<\/a>
Australian beef exports to Japan no longer have a tariff advantage over Canada and the United States
\u00a0(Photo: James Bredhauer)<\/figcaption><\/figure>\n

March 16, 2022<\/strong><\/p>\n

Australia will need to find new ways to gain a competitive advantage with its agricultural exports as more countries enter free trade agreements, the\u00a0Australian Bureau of Agricultural and Resource Economics and Sciences\u00a0(ABARES) has warned.<\/p>\n

ABARES executive director Dr Jared Greenville said the latest ABARES Insights report, “Analysis of Australia\u2019s Future Agricultural Trade Advantage”, provided a reminder that we need to think about all avenues to improve our trade advantages.<\/p>\n

\u201cAustralia now has 16 free-trade agreements which enable access to markets around the world, bringing huge benefits to Australian agriculture,\u201d Dr Greenville said.<\/p>\n

\u201cHowever, over the last decade, international competitors have started to catch up with their free trade agreements. For an industry as reliant on exports as ours, it\u2019s a reminder that we can\u2019t take our advantages for granted.<\/p>\n

\u201cOur beef exports to Japan no longer have a tariff advantage over Canada and the US, and in Vietnam, our tariff advantage in wheat over Canada and the EU is set to disappear.<\/strong><\/p>\n

\u201cOnce tariffs hit zero, we need to look at new ways to enhance our access to international markets.<\/p>\n

\u201cNew or improved biosecurity market access will help, as it will reduce the cost of compliance. So will reductions in unjustified non-tariff measures and a reduction in compliance costs for justified non-tariff measures.<\/p>\n

\u201cThere are things to be done at home, related to advancing domestic productivity, adapting to a changing climate, and putting in place systems to demonstrate the sustainability credentials of export goods.<\/p>\n

\u201cInternationally, Australia and our partners are working towards enhancing the global rules-based trading system and improving global outcomes through lower agricultural subsidies and reductions in non-tariff barriers.<\/p>\n

\u201cWe just need to make sure we don\u2019t get complacent. We sell a good product, but there is plenty of competition out there and we need to work hard to stay ahead of the game.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Australia will need to find new ways to gain a competitive advantage with its agricultural exports as more countries enter free trade agreements, the\u00a0Australian Bureau of Agricultural and Resource Economics and Sciences\u00a0(ABARES) has warned.<\/p>\n","protected":false},"author":20,"featured_media":295323,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5,3,36],"tags":[1134],"yoast_head":"\nAustralia Losing 'Free Trade' Lead - southburnett.com.au<\/title>\n<meta name=\"description\" content=\"Australia will need to find new ways to gain a competitive advantage with its agricultural exports as more countries enter free trade agreements, the\u00a0Australian Bureau of Agricultural and Resource Economics and Sciences\u00a0(ABARES) has warned.\" \/>\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\/2022\/03\/16\/australia-losing-free-trade-lead\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Australia Losing 'Free Trade' Lead - 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