Industry pushes for speedy China FTA deal

Australia will miss job and export opportunities if the ratification of the free trade agreement with China is delayed, a new industry campaign suggests.

Three leading industry groups will launch a national advertising campaign pushing federal parliament to ratify the free trade agreement with China by the end of the year.

The National Farmers' Federation, the Minerals Council of Australia and the Australian Chamber of Commerce and Industry say any delay in parliament ratifying the FTA deal will deprive business of new job and export opportunities.

The campaign will focus on the farming, mining, energy and small business sectors and aims to convince Australians the deal is good for Australia.

ACCI chief executive Kate Carnell says critics are creating fear the FTA will lead to a flood of unqualified Chinese workers.

"Their scaremongering is damaging to Australia's interests and our relationship with China, a key trading partner," she said.

"Many Australian small businesses are exploring export opportunities and China has enormous potential as a destination, so it is vital we make it as easy as possible for them."

Minerals Council of Australia chief executive Brendan Pearson said it's "unthinkable" that the parliament might delay the elimination of the six per cent tariff on China-Australia trade.


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Source: AAP


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