The Gold Coast is hosting the 100th Free Trade Agreement (FTA) information seminar today, three years after holding the very first seminar.
Since that 2015 event, focusing on Australia’s historic FTAs with China, Japan and Korea, the Turnbull Coalition Government has helped almost 4,000 businesses understand the great export opportunities these agreements provide.
Today, following the signing of the Peru-Australia Free Trade Agreement (PAFTA) in February and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (TPP-11) last month, the focus of these seminars is broadening.
Austrade Trade Commissioners to Peru and Mexico will attend the 100th FTA seminar, joined by Department of Foreign Affairs and Trade senior officials responsible for trade negotiations.
A representative from Gold Coast manufacturer OzKleen Asia Pacific will also talk about exporting to markets like South Korea, where more than 99 per cent of Australia’s goods exports to Korea are eligible to enter duty-free or with preferential access.
In 2016, more than 80 per cent of eligible products (by value) were benefiting from our North Asia FTAs. In the case of Japan, almost 96 per cent of eligible products exported to Japan made use of preferential access in 2017.
Contributing to the high utilisation rate of our trade agreements have been our FTA seminars, held across Australia, including in regional locations ranging from Kununurra in Western Australia to Sale in Victoria, Launceston in Tasmania and Mackay in Queensland.
They provide practical information and advice, including from Austrade, AusIndustry, the Export Finance and Insurance Corporation and DFAT, as well as exporting businesses.
The Turnbull Coalition Government is pursuing the most ambitious trade agenda in Australian history to help more Australian businesses make the most of the growth opportunities created by our FTAs.
Information on the FTA seminars can be found at www.austrade.gov.au/ftaseminars.
- Trade Minister's Office: (02) 6277 7420
- DFAT Media Liaison: (02) 6261 1555