Senate debates

Thursday, 5 December 2013

Questions without Notice

Trade: South Korea

2:54 pm

Photo of Mathias CormannMathias Cormann (WA, Liberal Party, Minister for Finance) Share this | Hansard source

Indeed the Prime Minister has been able to announce that Australia has been able to reach agreement with South Korea on a free trade agreement, which is very good news for Australia indeed. It really will help strengthen our economy moving forward. It will lead to stronger exports, in particular agricultural exports but also manufacturing exports, into Korea. Of course, what I can say, in response to the shadow minister's specific question, is that what this government will follow in terms of ensuring that there is appropriate public scrutiny as we go through the domestic approval processes in Australia—the same as South Korea will do in South Korea—will be the usual process.

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