Mostly they'll (Gillard and Swan) be interested in some very low publicity whilst they cave in to Koreas' demands for a "dumping" of their chemically affected agricultural products on us and the complete removal of tariffs on vehicles exported by them.
In return they'll buy a bit of beef - if Canada and the USA don't do it cheaper.
"At the round, Australia continued to highlight the improvements we need in Korea's goods offer, particularly for priority agricultural products. Korea similarly highlighted its interest in the elimination of Australia's tariffs on its priority industrial products."
Link
http://www.dfat.gov.au/geo/rok/fta/newsletter_100604.html
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