Japan FTA merits are lost in translation

Views on the Australia-Japan FTA are sharply divided, but deciding if it's a net win for Australia puts the spotlight on bilateral agreements and their impact on the development of regional trade blocs.

The Australia-Japan free-trade agreement clinched by Prime Minister Tony Abbott in Tokyo on Monday night was initially greeted with such applause by Australian news media that one might very well have suspected we'd entered a cheese-led export recovery.

Yes, cheese exports, worth a whopping $372 million, will now be duty free. Why, that's nearly double the value of “animal oils and fats” ($211 million) that we export to Singapore, according to DFAT figures.

{{content.question}}

Mastercard

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to proceed…

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access

Mastercard

Updating information

Please wait ...

Trial

Mastercard
{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership

Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles