AUSTRALIA URGED TO NEGOTIATE FTAs WITH JAPAN, SOUTH KOREA

CANBERRA — Australia’s Federal Government has been urged to make negotiation and completion of comprehensive free trade agreements with Japan and South Korea a priority. A Parliamentary Standing Committee on Trade said in its report published today that Australian exports face considerable barriers, especially in the agricultural sector, in these two export markets — Australia's second and fourth largest. Together, they account for about 24.6 per cent of Australia’s goods and services exports.