Citrus Australia has welcomed news that the tariff placed on Australian navel oranges destined for South Korea will fall from 50 per cent to 30 per cent under the Korea Australia Free Trade Agreement.February 25, 2014 4:05am
Citrus Australia has welcomed news that the tariff placed on Australian navel oranges destined for South Korea will fall from 50 per cent to 30 per cent under the Korea Australia Free Trade Agreement (KAFTA).
The reduction would apply during Australia’s export season (April to September), and the tariff will be eliminated entirely over a seven-year period.
Citrus Australia chief executive officer Judith Damiani said the news was a significant win for Australian citrus growers, which if progressed quickly could bring benefits this season.
‘‘Australian navel oranges exported to South Korea reached a value of $2.04
‘‘A tariff reduction from 50 per cent to 30 per cent right away will mean we have a much greater chance of expanding our trade into South Korea.’’
The 144 per cent mandarin tariff is also set to fall, but over a significantly longer period (18 years). ‘‘Quarantine access has not yet been achieved for mandarins but now the prospects of tariff elimination and increasing production in Australia will fast-track this work,’’ Ms Damiani said.
Citrus Australia visited South Korea last November, spending time on the citrus growing island of Jeju where representatives met with the Jeju Citrus Growers Association to discuss the FTA, increased co-operation and trade.
‘‘The meetings were positive and an invitation was issued for the Korean citrus growers to visit Australia,’’ Ms Damiani said.
As the two countries are counter seasonal, Citrus Australia was able to assure Jeju growers that Australian citrus would not compete with local produce.
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Beautiful weather greeted Tungamah residents for the 18th running of the Tungamah Lions Ten Thousand on Sunday.
When Keith and Marion Grumley and their growing family moved to Tatura on January 18, 1968, little did they know that it would be the start of a long and lasting connection to the town.
A snake was spotted this afternoon.
Rochester Rotary Club has celebrated its 50th birthday in style.
Sorting future of Campaspe pools
A theatre production with a difference is coming to Seymour.
Local athletes will go head-to-head with some of the best competitors from around the world in swimming and athletics in December.
District residents and visitors will be able to enjoy some of the region’s most beautiful private gardens on Sunday.
The 116th annual Cobram Show went off with a bang at the weekend, drawing in crowds from far and wide for two days of fun.
Tomorrow is a Total Fire Ban day in Deniliquin, meaning no fires can be lit in the open and all fire permits are suspended.
Fifty new full-time jobs will be created at Tatura with a multimillion-dollar expansion of the abattoirs expected to be announced today.
Remembering Australian political giant Gough Whitlam who once called on Benalla police to stop then Treasurer Frank Crean on his journey up the Hume to phone the PM.
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