The future is looking good for Aussie farmers with zero tariffs to be locked in for agriculture exports to Hong Kong.
Minister for Agriculture David Littleproud said the Australia–Hong Kong FTA would lock in those zero tariffs and support a $1.4 billion agricultural trade relationship.
“The Coalition Government is delivering new markets and better tariffs for our farmers,” Minister Littleproud said.
“Zero tariffs for our agriculture exports to Hong Kong means we can keep exporting the high-quality produce we are known for.
“Meat, livestock, seafood and wine are some of our most valuable exports and we can now provide certainty to these industries.
“This FTA recognises our reputation as a supplier of clean, green world-class produce.
“It is also proof of the strong agricultural relationship between Hong Kong and Australia.
“Hong Kong is also a major gateway to the rest of East Asia and gives our farmers a way to tap into other markets.”
Australian agriculture continues to benefit from FTAs signed with China (ChAFTA), Korea (KAFTA), Japan (JAEPA) and Peru (PAFTA) and will be a key beneficiary from the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (TPP-11).