AUSTRALIA’S free trade agreement with China has sparked a renewed resurgence within several of Tasmania’s key export industries.
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Under the new deal, Australian produce will enter the Chinese market at a reduced cost, potentially driving up revenue for the producer.
At the forefront of the agreement, Tasmanian seafood, dairy and wine will be big beneficiaries.
Seafood will see a tariff reduction of between 10 and 15 per cent over the next four years, dairy will see a reduction of between 10 and 20 per cent over the next four to 11 years, while wine could be reduced by 30 per cent over the next four years.
Yesterday, Wine Tasmania chief executive Sheralee Davies said the result meant easier access for Chinese wine lovers.
‘‘Tariffs are a barrier and an expense to export markets,’’ she said.
‘‘It’s removing those additional barriers and expenses, making it easier to get Tasmanian wine into the Chinese market.’’
The Tasmanian Abalone Council and the Tasmanian Seafood Industry Council both agreed the agreement would make producers ‘‘work harder’’.
‘‘It will bring us more confidence all along the supply chain and push producers to work harder to get a better return for the product,’’ Tasmanian Abalone Council chief executive Dean Lisson said.
‘‘What it effectively does is put us on a level playing field with competitors, such as New Zealand,’’ Tasmanian Seafood Industry Council chief executive Neil Stump said.
Ashgrove Cheese chairman Paul Bennett said the agreement would ‘‘open doors’’.
‘‘This is providing us with connections on the other side of the world,’’ he said.
‘‘For too long we’ve had our prices driven down by supermarkets. To see how Chinese people value food, it’s completely different to the Australian attitude, where often cheapest is best.’’
Alongside Mr Bennett yesterday, Primary Industries and Water Minister Jeremy Rockliff said success generated by the free trade agreement within the state’s agricultural sector would demonstrate Tasmania’s ‘‘competitive strengths’’.
‘‘This is far more than just a public relations exercise,’’ he said.
Opposition tourism spokesman Scott Bacon said the move was all positive.
‘‘There’s been no indication that there are any sectors that aren’t going to do well out of this agreement,’’ he said.