A NEW DENT IN JAPAN’S TRADE BARRIERS HELPS AUSTRALIAN EXPORTERS, BUT JAPAN FOOD FIRMS TOO
May 10th, 2014
THE NEW Japan-Australia Partnership Agreement (JAEPA) agreed on April 8 allows unprecedented access to Japanese markets, but it's not necessarily only the Australian meat producers who will profit.This deal lowers the tariffs for frozen beef to 19.5 per cent (a cut of 19 percentage points) over an 18 year period, and for chilled beef to 23.5 per cent over 15 years (down 15 percentage points). As a result, beef producers will gain an unprecedented level of access to the Japanese market.However, the Australian Bureau of Agricultural and Resource Economics and ...
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