Japan and Australia trade deal signed but not Free
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Japan and Australia trade deal signed but not Free
STRAIGHT talking minister Barnaby Joyce today said nothing was free for Australia in the free trade agreement with Japan to be signed this afternoon.
Prime Minister Tony Abbott is meeting with his Japanese counterpart Shinzo Abe in Canberra today, where the agreement will be signed
Mr Joyce said that trade between Australia and Japan is still not “free”, and many Primary producers would miss out.
MORE: Stuff is about to get cheaper
“There’s really no free trade agreement. That’s a euphemism for a bilateral trade agreement,” Mr Joyce told Radio National today.
“In this bilateral trade agreement you end up where the other party says, ‘I really don’t care what you say now, it’s a deal.’ And that’s that.
“You can walk away from it. You are entitled to. That’s your option.
“But then you go back I supposed to a 36 per cent tariff on beef, you go back to having no change in dairy whatsoever.’’
But Mr Joyce added it was a good agreement for Australia overall and we would be “vastly ahead of where we were.”
He argued Australia’s problem was we have removed many of our tariffs, while Japan had retained its barriers to our important exports.
“You have to do something otherwise you’ve got nothing to put on the table,” said Mr Joyce.
The tariff on frozen beef, for example, would fall from 38.5 per cent to 19.5 per cent.
However, Mr Joyce said there was no breakthrough agreement for Australian dairy, rice, sugar and pork producers.
http://www.news.com.au/finance/economy/barnaby-joyce-says-australia-will-pay-a-price-in-free-trade-agreement-with-japan/story-e6frflo9-1226981559362
veya_victaous- The Mod Loki, Minister of Chaos & Candy, Emperor of the Southern Realms, Captain Kangaroo
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Re: Japan and Australia trade deal signed but not Free
I put the bit in Bold so the UK poster can get an Idea Of Just the sort of competition they will have if the leave the EU.
We could make profit even when a 38.5% tariff is added to the cost of our goods.
Are you Really sure you can Compete? do you really think your economy will survive with out the protection of the EU trading Block?
We could make profit even when a 38.5% tariff is added to the cost of our goods.
Are you Really sure you can Compete? do you really think your economy will survive with out the protection of the EU trading Block?
veya_victaous- The Mod Loki, Minister of Chaos & Candy, Emperor of the Southern Realms, Captain Kangaroo
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Location : Australia
Re: Japan and Australia trade deal signed but not Free
Overall this is positive for Australia as we are reducing tariffs on their Electronics and cars which we don't really make locally anyway (those local industries already killed off by globalisation) so we wont lose jobs and will get stuff cheaper.
And we can sell More Cows
And we can sell More Cows
veya_victaous- The Mod Loki, Minister of Chaos & Candy, Emperor of the Southern Realms, Captain Kangaroo
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Re: Japan and Australia trade deal signed but not Free
Even at 19.5% that's still a hefty tariff that has to be paid to get the beef exports onto the Japanese market but I suppose it's better than 38.5%.
It'll be interesting to see if in future these exports shoot up to any great degree.
It'll be interesting to see if in future these exports shoot up to any great degree.
Irn Bru- The Tartan terror. Keeper of the royal sporran. Chief Haggis Hunter
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Re: Japan and Australia trade deal signed but not Free
lol Yeah, because the EU gets us great trade with Japan, doesn't it veya:
Japan introduced a ban on beef imports from the EU in 2001 following the BSE epidemic. Since then, the EU has made great progress in its battle against BSE. The consistent fall in the number of cases is testament to the robust and comprehensive EU measures put in place to eradicate this disease. Japan has thoroughly reviewed these measures and on 1 February acknowledged that scientific facts confirm that EU beef is safe.
"We welcome the lifting of the Japanese ban on imports of beef and beef products from France and the Netherlands, since 1 February 2013. This is a positive first step, although it took longer than had been desirable.
Japan introduced a ban on beef imports from the EU in 2001 following the BSE epidemic. Since then, the EU has made great progress in its battle against BSE. The consistent fall in the number of cases is testament to the robust and comprehensive EU measures put in place to eradicate this disease. Japan has thoroughly reviewed these measures and on 1 February acknowledged that scientific facts confirm that EU beef is safe.
"We welcome the lifting of the Japanese ban on imports of beef and beef products from France and the Netherlands, since 1 February 2013. This is a positive first step, although it took longer than had been desirable.
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Re: Japan and Australia trade deal signed but not Free
@big Andy
you do understand that the UK and the rest of the EU have tariff of 100% on Aussie Beef? that is how EU farmers stay in business.
If you leave the EU Presumably the tariff applies to You too AND if they did open it up you would be open to competition from Australia (in agriculture) and Asia/Orient (for manufacturing) .....EU seems to be giving you a lot of protection now doesn't considering all your farmers would have to half their cost
@Irn
Not really of the big trading nations China is the lowest at 18.6%
Even the US free trade agreement is still at 26.4% (although that is supposed to be reduced to 0% by 2022, let see if they keep the bargain )
the average is around 45%
http://www.mla.com.au/Prices-and-markets/Overseas-markets/Market-access/Beef
Tariffs.... Fact of life for nations that ARE NOT part of Big Trade unions
you do understand that the UK and the rest of the EU have tariff of 100% on Aussie Beef? that is how EU farmers stay in business.
If you leave the EU Presumably the tariff applies to You too AND if they did open it up you would be open to competition from Australia (in agriculture) and Asia/Orient (for manufacturing) .....EU seems to be giving you a lot of protection now doesn't considering all your farmers would have to half their cost
@Irn
Not really of the big trading nations China is the lowest at 18.6%
Even the US free trade agreement is still at 26.4% (although that is supposed to be reduced to 0% by 2022, let see if they keep the bargain )
the average is around 45%
http://www.mla.com.au/Prices-and-markets/Overseas-markets/Market-access/Beef
Tariffs.... Fact of life for nations that ARE NOT part of Big Trade unions
veya_victaous- The Mod Loki, Minister of Chaos & Candy, Emperor of the Southern Realms, Captain Kangaroo
- Posts : 19114
Join date : 2013-01-23
Age : 41
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Re: Japan and Australia trade deal signed but not Free
Lone Wolf wrote:
RE: the EU's agricultural policies :
* A SWISS dairy farmer can survive on milking as few as only 25 cows ! The rest of his income being made up by EU subsidies..
A dairy farmer in Oz, NZ, the USA or Canada would need to be milking over 200 head to match the Swiss ! Over a thousand, if they truly wanted to be considered a "wealthy" dairyman in this day and age...
* FRENCH lamb producers can get by with only a couple of hundred sheep.
Anywhere else, they would likely need a couple of thousand to match France's subsidised sheep industries..
* BEEF ? Take away the EU's protections and subsidies, and France and Poland, and maybe Britain if included in Europe, are likely to be the only beef producing countries left standing over there in Europe ~ and both of those would have reduced herd numbers, as most Euro' land holdings are simply too expensive for "extensive grazing" industries these days. Much better if turned over to more valuable fruit, vege' and truffles crops..
* IF Europe opened their markets again to meat imported from African states and the Americas, y'all could be enjoying pasture fed beef at half the price.. ::=|Q::
The EU, it's tariffs, subsidies, constraints are a heavy weight around our neck.
They are just another way to take money off those who work and hand it out to the sick, lame and lazy.
Guest- Guest
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