The AFA and the Minister for Trade and Investment Andrew Robb are encouraging all AFA members to make themselves aware of the potential export opportunities that may exist for the industry with the new trade deals.
Japanese Prime Minister Shinzo Abe and Australian Prime Minister Tony Abbott warmly welcome the entry into force on 15 January 2015 of the Japan-Australia Economic Partnership Agreement (JAEPA).
Industry and Science Minister Ian Macfarlane said Australian businesses and investors now have a competitive edge in a market with a combined population of more than 177 million people and a combined GDP of more than $6 trillion.
“This is a huge opportunity as Japan is our second largest trading partner and Korea our fourth largest, with combined two-way goods and services trade worth more than $100 billion,” Mr Macfarlane said.
AFA members and all Australian businesses are encouraged to use a step-by-step guide to accessing preferential tariffs on exports to Japan.
The guide is available at: http://goo.gl/SzW4kh