The Australian Government is unlocking job and investment opportunity in North Queensland, with the Peru-Australia Free Trade Agreement (PAFTA) opening the door for exports to one of the fastest growing economies and regions in the world.
Northern based Government Senator Ian Macdonald said the PAFTA will create new markets for North Queensland farmers who’ve previously been locked out.
“The PAFTA will eliminate 99 per cent of tariffs on Australian goods and delivers historic access for Australian services. Peru is one of the fastest growing economies in the world and will provide enormous opportunity for local producers, particularly those in the sugar industry” Senator Macdonald said.
“An unprecedented 90,000 tonnes has been secured for Australian sugar, more than any other sugar exporting country has achieved into Peru in the last 20 years and is equivalent to roughly 30 per cent of Peru’s sugar import.
“Our beef farmers will have tariff-free access within five years, putting them on par with US beef farmers. Supermarkets in Peru are already asking about putting Aussie beef on their shelves.”
Senator Macdonald called on Bob Katter to abandon his anti free trade rhetoric and his subservience to his Trade Union financiers.
“It’s about time Bob Katter stood up for the people he is supposed to represent- the sugar and beef producers in his electorate which is one of the biggest beef and sugar producers in Australia,” Senator Macdonald said.
“This deal is excellent news for beef and sugar producers in the North and should be welcomed by all Northerners.
“As one of our most ambitious trade agreements for services, PAFTA will also create new opportunities for North Queensland education providers. Peru will recognise Australian degrees, helping Australian universities attract more Peruvian students to study in Australia.”