Tariffs of 12-25 per cent on beef will be eliminated over 9 years;
Meat and Livestock Australia, and the Australian Meat Industry Council, representing processors says that it has the potential to increase the gross value of beef production by $270 million annually by 2024. Out to 2030, the total benefits for beef will approach $3.3 billion.
Skins, hides and leather exports to China, worth $896 million today, attract a tariff of five to 14 per cent, and those tariffs will be eliminated over the next two to seven years.
China is the dominant market for skins, taking 80-90 per cent of Australia's exports.
The FTA is calculated to be worth an additional $436 million a year to hides, skins, offal sector by 2024 – and out to 2030, these benefits could total $6 billion
http://www.abc.net.au/news/2014-11-17/nrn-hold-beef-fta-china/5896494
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AAC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.42 |
Change
0.055(4.03%) |
Mkt cap ! $855.9M | |||
| Open | High | Low | Value | Volume |
| $1.38 | $1.43 | $1.38 | $323.0K | 228.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 54883 | $1.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.43 | 1371 | 1 |
View Market Depth
| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| AAC (ASX) Chart |