Senate debates

Tuesday, 13 October 2015

Questions without Notice

Trans-Pacific Partnership Agreement

2:39 pm

Photo of Arthur SinodinosArthur Sinodinos (NSW, Liberal Party, Cabinet Secretary) Share this | Hansard source

The TPP will make major reductions in red tape and the administrative burdens on trade. It will ensure customs procedures among member nations are both more transparent and more efficient. Everybody knows that stock that is stuck on the docks is a day of costs, so pallets and containers will no longer attract a duty when used to move goods among member nations. By moving goods into overseas markets faster and cheaper, new opportunities will open up for Australian exporters. There will be regional rules of origin brought into force and a single set of documentary procedures for products traded under the TPP. This will make trading between the 12 member nations cheaper and encourage more common markets across the Asia-Pacific region. If the Greens want more transparency around the TPP, why don't they start with more transparency around their own conferences?

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