April 18, 2013

Australia and Japan close to signing a free trade deal according to sources

" Negotiations with Japan over a trade deal began in 2007..Two way trade with Japan is worth up to $ 71 billion a year...Australian exports to Japan are worth $52 billion and dominated by coal and iron ore.Beef exports are worth $1.6 billion a year....beef, diary, sugar, wheat and rice need to be part of any comprehensive agreement"

Source: Japan trade deal close
John Kerin
Australian Financial Review
Thursday 18th April, 2013, page 5

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