Senate debates

Wednesday, 16 June 2021

Questions without Notice

Trade with the United Kingdom

2:06 pm

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

This agreement builds on a tremendous record of delivering expanded trade opportunities for Australian exporters, for Australian farmers and for small businesses across the nation. Under the coalition, 10 free trade agreements have been concluded, growing the coverage of Australian exports that enjoy preferential access into international export markets from around 26 per cent of exports when we were elected to office to now around 75 per cent of Australia's exports that will enjoy that market advantage in international export markets as a result of these trade agreements. These free trade agreements with our major trading partners—be they the North Asian partners; be they the recently concluded, and entered into force, agreement with Indonesia; be they the multiparty agreements, such as the Trans-Pacific Partnership or the Regional Comprehensive Economic Partnership; or indeed our close partnership with our Pacific island partners—are enhancing opportunities for economic growth across these partners.

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