Monday 19th Nov, 2018

100th free trade agreement info seminar held today


GOLD Coast is hosting the 100th FTA information seminar today (20 April) three years after the seminar program was launched.

Since that event, which focused on Austarlia’s FTAs with China, Japan and South Korea, close to 4000 businesses have attended, trade minister Steven Ciobo said in a statement.

“Today, following the signing of the Peru-Australia Free Trade Agreement (PAFTA) in February and the TPP-11 last month, the focus of the seminars is broadening,” he said.

“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.”

Mr Ciobo said more than 80% of eligible products (by value) were benefiting from Australia’s North Asia FTAs, and in the case of Japan, almost 96% pf eligible products exported to the island nation made use of preferential access in 2017.

“Contributing to the high utilisation rate o0f 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,” he said.

“They provide practical information and advice, including from Austrade, AusIndustry, the Export Finance and Insurance Corporation and DFAT, as well as exporting businesses.”

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