TLDR: No meaningful difference for Australian agriculture while EU subsidized products get to be imported likely displacing Australian produced goods because we don’t subsidize our agricultural industries.
Grande_Choice on
So the Europeans aren’t happy. Australians aren’t happy. That sounds like the deal is a fair compromise.
Petrichor_736 on
I’ve rarely heard a livestock farmer say something positive about any free trade agreement even the US one when it was signed. Now after 20 years (signed 2004) of the US Australia Agreement we have reached the unlimited access date on January 2023. Australia exported 449,482 tonnes to the US. For the EU Agreement it will only rise up to 30,000 tonnes by 2032.
The agreement with the UK after year 4 we can now export 51,667 tonnes of beef and by 2033 we’ll reach the unlimited beef export amount but with a “product specific safeguard” tariff for amounts exceeding 122,000 tonnes.
However the Wine, Horticulture and Grains sector by eliminating tariffs for wine and grapes, free access for nuts, honey, olive oil and most fruits and vegetables. Tariffs on Australian wheat, barely and seafood will be removed. Give and Take in this agreement.
MindlessOptimist on
This is just whinging nonsense, so when did they have 30k tonnes of surplus meat that they just couldn’t export?
slunt01 on
Aah yes tale as old as time. EU protecting their inefficient shit farmers with import controls and subsidies on tap. Seen it all before.
5 Comments
TLDR: No meaningful difference for Australian agriculture while EU subsidized products get to be imported likely displacing Australian produced goods because we don’t subsidize our agricultural industries.
So the Europeans aren’t happy. Australians aren’t happy. That sounds like the deal is a fair compromise.
I’ve rarely heard a livestock farmer say something positive about any free trade agreement even the US one when it was signed. Now after 20 years (signed 2004) of the US Australia Agreement we have reached the unlimited access date on January 2023. Australia exported 449,482 tonnes to the US. For the EU Agreement it will only rise up to 30,000 tonnes by 2032.
The agreement with the UK after year 4 we can now export 51,667 tonnes of beef and by 2033 we’ll reach the unlimited beef export amount but with a “product specific safeguard” tariff for amounts exceeding 122,000 tonnes.
However the Wine, Horticulture and Grains sector by eliminating tariffs for wine and grapes, free access for nuts, honey, olive oil and most fruits and vegetables. Tariffs on Australian wheat, barely and seafood will be removed. Give and Take in this agreement.
This is just whinging nonsense, so when did they have 30k tonnes of surplus meat that they just couldn’t export?
Aah yes tale as old as time. EU protecting their inefficient shit farmers with import controls and subsidies on tap. Seen it all before.