Trade Mission Looks To Increase Export Value Into Japan Korea And China

Trade Mission Looks To Increase Export Value Into Japan Korea And China

Tasmania Deputy Premier Jeremy Rockliff

Selling Tasmanian Quality To Japan, Korea And China

Victor P Taffa

Deputy Premier Jeremy Rockliff said a trade mission to East Asia next month will focus on promoting Tasmanian excellence in agriculture, education, premium food, beverages and logistics.

“The Tasmanian trade delegation involves representatives from key Tasmanian industries and is aiming to capitalise on newly signed Free Trade Agreements (FTA) with Japan, Korea and China.” Deputy Premier Rockliff said.

Tasmanian Government is committed to working collaboratively with local industries to directly engage with our trading partners in these countries which have rapidly growing economies and a middle-class that has an appetite for Tasmania’s premium products.

“Total value of Tasmania’s exports to Japan, China and Korea in the 2015-16 financial year was more than $1.2 Billion and we are confident that the FTA’s will result in a boost to these figures.”

 

Tasmanian Government-led trade missions are a key strategy for growing these markets by working collaboratively with local businesses to market their products and supporting companies to export our State’s world-class products.

A highlight of the trade mission program in Japan will be the TasInvest investment forum, which builds on the success of the first TasInvest which coincided with the visit to Tasmania by Chinese President Xi Jinping in 2014.

TasInvest seeks to leverage the strong existing Japanese investments in Tasmania, such as Lion Nathan Brewery and Shiratori Flour Mills.

“Trade mission will also boost trade with Korea and support Tasmanian companies to capitalise on the signing of the Australia and Korea Free Trade Agreement (KAFTA).” Deputy Premier Rockliff said.

Tariffs of up to 300 % are being eliminated on agricultural exports, including strong Tasmanians products like beef, wine, horticulture, seafood and dairy.

Tasmanian Government is also committed to boosting student numbers and it acknowledges the significant economic benefits international education makes to the State with every student contributing an average of $30,000 in fees and expenses to our economy.

Trade mission will run from February 22 to March 5, 2017.