WHAT'S IN THE TRANS-PACIFIC PARTNERSHIP FOR AUSTRALIA?
* New reductions in Japanese tariffs on fresh, chilled and frozen beef.
* New access for dairy products into Japan, Canada and Mexico including the elimination of cheese tariffs into Japan.
* New sugar access into the Japanese, Canadian and Mexican markets.
* Tariff reductions and new access for cereals and grains exporters into Japan, including, for the first time in 20 years, access for rice products.
* Elimination of all tariffs on sheepmeat, cotton and wool.
* Elimination of tariffs on seafood, horticulture and wine.
* Improved regulatory regimes for investment, particularly in mining, resources, telecommunications and financial services.
* Universities and vocational education providers will have legally guaranteed access to Brunei Darussalam, Japan, Malaysia and Mexico and will be able to supply online education services across the region.
* New opportunities for Australian businesses in government procurement services including accounting, management consulting, architectural engineering, environmental protection and health.
(Source: Federal government)
