PEAK dairy industry body the Australian Dairy Industry Council (ADIC) has supported the passing of enabling legislation through the Senate today on trade agreements with Indonesia, Hong Kong and Peru.
These agreements will provide positive results for Australian dairy farmers and exporters including:
- New dairy quota volumes and tariff reductions for Australian dairy product exported to Peru;
- An improved systematic approach to deal with market access issues and non-tariff barriers for product destined for Hong Kong; and
- Tariff reductions or removal of residual tariffs on dairy products exported to Indonesia that have not already been removed under the regional AANZFTA agreement (ASEAN Australia New Zealand Free Trade Agreement).
The Australian dairy industry looks forward to the implementation of these agreements at the earliest possible opportunity. These agreements are good for Australia and good for the Australian dairy industry.
Ashley Mackinnon, Public Affairs Manager
M: 0407 766 153