Inquiry into the Trade Agreement between Australia and Korea: Submission

The NFF’s 10 June 2014 Submission to the Joint Standing Committee on Treaties inquiry into the Trade Agreement between Australia and Korea outlines the NFF’s strong support for the trade agreement, as announced by Prime Minister Tony Abbott in December 2013. The NFF view is that the agreement will provide millions of dollars in export value to Australian farmers, particularly to those in the red meat, grains, dairy, sugar, pork, and horticulture sectors. However, the NFF does urge the Government to implement the agreement before the end of 2014, ensuring the second year of tariff reductions commence on 1 January, 2015.