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Liberalised Trade will Deliver Australian Beef Industry Benefits

27 January 2017

AUSTRALIA - Opening up trade pathways and reducing technical trade barriers is key to ensuring Australia’s beef industry remains globally competitive.

Cattle Council president Howard Smith said following the announcement that the US had withdrawn from the Trans-Pacific Partnership, Cattle Council would look to the Government to find a way to move forward.

“Cattle Council remain supportive of the principles of the TPP and believe it would be a major win for the entire beef industry supply chain as well as consumers - by improving market access, lowering import costs and reducing red tape,” Mr Smith said.

“There are still eleven other countries committed to participating in the TPP and we support the Government’s commitment to find a way to move forward with it,” Mr Smith said.

Cattle Council continue to support the TPP and its principles, as it will deliver improved access conditions to Canada and Mexico for the red meat industry and reduction of tariffs on beef exported to Japan.

Mr Smith concedes that it is disappointing the US won’t be involved in the TPP, but looks to other avenues of furthering trade relations.

“The US remains a substantial market for Australian produce and while the America’s involvement in the TPP would have been beneficial for international trade relations, we must move forward,” Mr Smith said.

Should the TPP not go ahead, Cattle Council will look to the government to pursue bi-lateral negotiations with other key trading partners while pursuing on going trade liberalisation through multi-lateral agreements such as the Regional Comprehensive Economic Partnership.

“We are a trading nation – liberalised trade only brings benefit to the beef industry.”

“We look to the Government to deliver on this and will provide our support for the continued pursuit of the ratification of the TPP,” Mr Smith said.

TheCattleSite News Desk

Top image via Shutterstock



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