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Australia to build on FTA with US

Australia to build on FTA with US article image
Minister for Trade Simon Crean last week met with United States Trade Representative Ambassador Ron Kirk in Washington DC for their annual Australia-United States Ministerial Trade Talks (AUSMINTT). It was the first time Australia has had talks with a representative from the Obama administration. Both Crean and Kirk agreed that Australia and the US could do more to enhance the trade initiated through the Australia-US Free Trade Agreement. "With the services sector contributing more than 70 percent of growth and 20 to 30 percent of exports in our respective economies, we are working with the United States on continuing to expand access for the high quality professional service providers Australia has to offer the US market," said Crean. The minister also raised concerns about the 2008 US Farm Bill, mandatory country-of-origin labelling for beef, the US Dairy Import Assessment, and Dairy Export Subsidies program in light of Australian farmers' push to gain better market access for our agricultural exports. The two representatives also discussed synergies for concluding the World Trade Organisation Doha Round in 2010.

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