9 Dec 2020
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AMBASSADOR LAMBRINIDIS: Mr President, Ambassador Lighthizer, dear friends of American agriculture, ladies and gentlemen, today it is a question of producing real, positive and tangible results in transatlantic trade relations – the strongest and most important relationship in the world. Our trade in sheep and beef, both with the UK and the EU, is inextricably linked by access to quotas and both should be affected by the UK`s exit from the internal market. The defence of market access and the guarantee of trade reforms are often carried out at the governmental level. The Australian government is implementing an integrated trade policy agenda to create new, more open export markets. We are doing this through three main avenues of trade reform: Mr HOEVEN: Well, thank you, Mr. President. That is what our farmers and farmers, our producers, are looking for in this great country. It`s the agreements that really make the difference. And that`s what it`s all about. It is about market access. We produce the highest quality beef in the world. They have big hats, but they have big cattle.

You`re doing a good job. Our ranchers in this country are the best in the world. So if we have access to the markets, they can really go into town and really outbid anyone, anywhere. And we are reducing regulations that unfairly burden agricultural producers. When our farmers were the victims of unjustified reprisals from China and other countries, we released $28 billion over two years. They were targeted and we took care of our farmers and herders. And I signed a landmark agricultural law that gives our farmers the security and security they need, while supporting the increase in agricultural exports. Fortunately, Australian red meat and livestock have access to many export markets, thanks to robust integrity systems, unrivalled disease-free status and a record of Australian industry, in partnership with the government, in the review of preferential trade reform. This agreement will almost triple the duty-free access of American producers to quality beef in Europe.

Initial estimates suggest that U.S. beef production will increase by more than $270 million per year once the agreement is fully implemented. In this podcast, Esther Guy-Meakin of B-LNZ talks about her team`s work on behalf of beef and sheep payers and why trade policy is not about profits, but about strong agreements. We discuss why taxes are used to support this work, what has been done so far, what the team is currently working on for farmers and what they see as problems for the future. Topics covered are: CPTPP, tariffs, free trade agreements, Brexit, quotas, cooperation and cooperation of NZ Inc, deals and no-deals, and why calm, stable and predictable trade is good for all. I would also like to stress that strengthening the EU`s trade relations with the United States is a priority of the Finnish Presidency. The agreement we are signing today will reduce trade barriers in Europe and expand access for American farmers and ranchers. In the first year, US duty-free beef exports to the EU will increase by 46%. In seven years, they will increase by another 90%.

In total, duty-free exports will increase from $150 million to $420 million, an increase of more than 180 per cent. As a major exporting industry, changes in access to overseas markets affect the profitability of individual producers and meat processors.


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