Japanese trade good for farmers
TWELVE months ago a Japanese trade agreement came into force which has been a benefit to cattle farmers and fishers, according to Page MP Kevin Hogan.
Mr Hogan said the Japan-Australia Economic Partnership Agreement, or JAEPA, was generating increasing confidence among local exporters with sales to Asia on the rise in a variety of commodities.
"Since the agreement with Japan came into force on January 15, 2015, it has provided local businesses - large and small - with exciting new export opportunities, particularly those involved in agriculture," he said.
"Asia's growing middle class is certainly developing a taste for Australia's clean, green produce with export sales of frozen shrimp and prawns to Japan (up) 90% (and) exports of fresh/chilled beef up 24%.
"This is great news for our local farmers and fishers, and has a flow-on effect for the fishing towns, such as Yamba, and beef towns like Casino and its meatworks."
For more information on the Free Trade Agreements and opportunities for local businesses visit www.openforbusiness.gov.au