Senate debates

Thursday, 10 December 2020

Questions without Notice

Trade with China

2:45 pm

Photo of Simon BirminghamSimon Birmingham (SA, Liberal Party, Minister for Trade) Share this | Hansard source

Whilst having achieved many new market opportunities for Australian farmers and businesses, we have been relentless in seeking to create even more. During our time, we have grown the amount of Australian trade covered by preferential terms from 26 per cent up to 70 per cent. Recently we signed the Regional Comprehensive Economic Partnership agreement, providing more common rules of origin across the nations of our region, which will make it easier for goods exporters and provide new opportunities for services exports across the region. We are actively continuing to negotiate with the United Kingdom and the European Union to secure trade agreements with those entities and economies as well as with the Pacific Alliance countries of Colombia, Mexico, Peru and Chile. We are also reengaging with India as part of our Comprehensive Strategic Partnership arrangements with India on a Comprehensive Economic Cooperation Agreement. We are also building on a new economic cooperation program with Vietnam and on our strategies to pursue opportunities with the market of Indonesia.


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