JAEPA is the liberalized bilateral trade agreement that Japan has ever entered into and offers Australian exporters, importers, investors and producers a considerable advantage over their international competitors. It will give Australian agricultural exports – many of which reside in Queensland – unprecedented market access and a competitive advantage. Australia`s negotiations for an agreement with Japan began under the Howard government in 2007. [2] In April 2014, Australian Prime Minister Tony Abbott led a trade delegation to Japan, South Korea and China. The three economies accounted for more than half of Australia`s two-way trade. [3] During the Japanese leg, Abbott was received by Emperor Akihito and secured the key elements of a free trade agreement with Shinzo Abe`s government. [4] Dr. Patricia Ranald was interviewed on Friday, March 21 at the RN Breakfast on the link between the proposed free trade agreement between Japan and Australia and the Trans-Pacific Partnership Free Trade Agreement negotiations. www.abc.net.au/radionational/programs/breakfast/japan-free-trade-… Japanese companies could sue Australian governments under clauses that could be included in the Australia-Japan free trade agreement, writes Peter Martin for the Sydney Morning Herald. The article raises concerns about the inclusion of controversial clauses in the Investor-State Dispute Agreement (EIRD) and contains quotes from AFTINET Es Convener, Dr.

Patricia Ranald While previous duties on new car imports from Japan were abolished, the agreement included a flat fee of $12,000 for imports of used vehicles from Japan. [6] Austrade can help Australian companies become familiar with local market conditions and help develop export opportunities through a number of market and Australian services. Some fear the trade deal because of a lack of transparency, including rumours that there is a provision that makes it easier for Japanese companies to sue the Australian government, ABC Radio National PM reports. This groundbreaking agreement will significantly improve Australian businesses` access to the world`s third largest economy. The Wire reports on the free trade agreement between Japan and Australia, including an interview with AFTINET organizer Dr. Patricia Ranald. Dr. Ranald points out that we are not in a position to see the text before the agreement is signed and argues that there should be a more democratic and transparent process for trade agreements. The Japan-Australia Economic Partnership Agreement (JAEPA) offers significant benefits to the Australian economy and facilitates business with Japan, our second largest trading partner. The agreement will strengthen and strengthen trade between two of the largest economies in the Asia-Pacific region. Japan is an economic heavyweight: it is the world`s third largest economy with a value of nearly $5 trillion in 2013 and Australia`s second largest trading partner. Two-way trade between Japan and Australia totalted $70.8 billion in 2013, or more than 10% of Australia`s total trade.