Thursday, 20 August 2015 08:00

Aussie farmers hopes pinned on TPP

Written by 
Australian Trade Minister Andrew Robb. Australian Trade Minister Andrew Robb.

Australian farmers are throwing their support behind TPP despite last month’s failure by trade ministers to seal a deal.

NFF president Brent Finlay says it remains a firm supporter of the TPP as a key platform to drive increased trade and investment. 

“A good agreement will greatly improve opportunities for Australian farmers to sell products to markets we know are demanding high quality food and fibre,” he says.

If concluded, the TPP would be the world’s largest regional free trade agreement, the 12 countries (800 million people) making up 40% of the global economy.

Negotiating the TPP are Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, Peru, New Zealand, Singapore, the US and Vietnam. But the talks in Hawaii last month ended in a stalemate; access to dairy markets remains a sticking point.

Finlay says it’s important the final agreement is a comprehensive and trade liberalising pact that benefits Australian farmers.

“NFF understands the ministers of the 12 countries have made good progress during the talks this week; we recognise agriculture is always one of the most difficult areas to agree on.

“Good outcomes… for Australian agriculture from the TPP have always been the objective for the NFF; sustained commitment is required….

“It is disappointing a deal… has not been concluded, but NFF recognises the hard work of Minister Robb and the government officials in this challenging round.”

Robb, who attended the talks with his counterparts, says big gains were made and a conclusion is within reach.

“We all went to Hawaii with the aim of concluding and… we are definitely on the cusp. 

“Most importantly the resolve remains to get this done.

“While nothing is agreed until everything is agreed, we have taken provisional decisions on more than 90% of issues and during my involvement… this has been by far the most productive meeting at both ministerial and official level.”

Robb is confident the TPP will succeed as the biggest regional agreement and the most important since the conclusion of the Uruguay round.

“From Australia’s perspective we have made significant gains in every area, including agricultural market access.” Only a handful of big issues are outstanding –  automotives, data protection for biologics, dairy and sugar.

Profound benefits

Australian Trade Minister Andrew Robb says the TPP presents an opportunity for truly transformational reform.

“The establishment of a set of common trade and investment rules across these 12 countries – with the prospect of others joining – will have a material effect in lowering the cost of doing business,” says Robb.

“This will support profound economic benefits -- growth, job creation and higher living standards, market access gains for our exports and services and a better investment environment.

One third of Australia’s exports of goods and services are to TPP countries and 45% of Australian outwards investment. Negotiations began in 2010.

More like this

Oz farmers' election wishlist

Australian farmers advocate NFF says this year’s Federal Election will be a defining moment for Australian agriculture.

Seaweed wonder

OPINION: Research across the ditch has found that seaweed doesn’t just make a tasty wrap for sushi rolls.

Dairy giant

OPINION: Part of the reason China is buying less of our dairy produce is their success growing their own supply.

Say nothing!

OPINION: Normally farmer good organisations are happy to use the media to get their message across to politicians and the consumers.

Featured

Gongs for best field days site

Among the regular exhibitors at last month’s South Island Agricultural Field Days, the one that arguably takes the most intensive preparation every time is the PGG Wrightson Seeds site.

Feed help supplements Canterbury farmers meet protein goals

Two high producing Canterbury dairy farmers are moving to blended stockfeed supplements fed in-shed for a number of reasons, not the least of which is to boost protein levels, which they can’t achieve through pasture under the region’s nitrogen limit of 190kg/ha.

National

Machinery & Products

Buhler name to go

Shareholders at a special meeting have approved a proposed deal that will see Buhler Industries, the publicly traded Versatile and…

Grabbing bales made quick and easy

Front end loader and implement specialist Quicke has introduced the new Unigrip L+ and XL+ next-generation bale grabs, designed for…

» Latest Print Issues Online

The Hound

Risky business

OPINION: In the same way that even a stopped clock is right twice a day, economists sometimes get it right.

Should've waited

OPINION: The proposed RMA reforms took a while to drop but were well signaled after the election.

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter