ASEAN trade deal to boost meat Australian exp...

ASEAN trade deal to boost meat Australian exports

Beef and sheep meat exporters can expect major gains from a free-trade agreement with the 10-member Association of South-East Asian Nations, to be signed today.

According to The Australian Financial Review, the deal will come into effect by January 2010 and will slash tariffs on Australian beef, live cattle exports, sheep and goat meat, to countries such as the Philippines, Indonesia and Vietnam.

Trade Minister Simon Crean will fly to Thailand to sign the deal on Friday when the new tariff schedule will be formally released.

The Philippines has a 3% tariff on live cattle imports; Vietnam has a 30% tariff on pig meat imports; and Indonesia has a 5% tariff on beef imports.
Source: Fleischwirtschaft International
ASEAN Vietnam


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