09 Apr Free Trade Agreement Japan Australia
The full text of the agreement, as well as useful information and information sheets from the FTA, are available on the website of the Ministry of Foreign Affairs and Trade. For specific questions, email JapanEPA@dfat.gov.au or call the DFAT North Asia Hotline on 02 6261 1888. Importers can contact the Home Office Some have concerns about the trade deal due to 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. The Australian Department of Foreign Affairs said: “The agreement will provide valuable preferential access to Australian exports and is by far the liberalizing trade agreement that Japan has ever concluded. Australia and Japan are natural partners with very complementary economies. This agreement will bring our economies and societies even closer together and strengthen a strong relationship for many years to come.  The article raises concerns about the inclusion in the agreement of controversial investor-state dispute clauses (ISDRs) and feature quotes from AFTINET`s Convener, Dr. Patricia Ranald, June 8, 2016: The Japan-Australia Free Trade Agreement has no provisions for ISDS, but there was a clause that would trigger negotiations for ISDS if Australia concluded another agreement with ISDS. The Guardian reports that the Free Trade Agreement between China and Australia has triggered secret talks to include ISDS in Japan`s free trade agreement. These were interrupted by early elections, but if the coalition government wins, they expect them to conclude the talks after the elections, the result will not be published until after the event. The ALP`s policy opposes ISDS and commits to reviewing ISDS in existing agreements.
While previous duties on new car imports from Japan have been abolished, the agreement provided for a flat fee of $12,000 for the importation of used vehicles from Japan.  JAEPA is the liberalized bilateral trade agreement that Japan has ever entered into and gives 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. Dr Patricia Ranald was asked on Friday, March 21 at the RN Breakfast about the link between the proposed free trade agreement between Japan and Australia and the negotiations on the Trans-Pacific Partnership Free Trade Agreement. www.abc.net.au/radionational/programs/breakfast/japan-free-trade-… 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. Austrade can help Australian companies become familiar with local market conditions and help develop export opportunities through a number of market and Australian services. 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 Wire reports on the free trade agreement between Japan and Australia, including an interview with AFTINET organizer Dr. Patricia Ranald.
Australia`s negotiations for an agreement with Japan began under the Howard government in 2007.  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.  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.  A number of concessions have been granted to Australian agricultural exporters, while Australi tariffs have been