Winemakers and beef producers to benefit

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The Trans-Pacific Partnership Agreement will benefit Pearce winemakers and beef producers, says Pearce MHR Christian Porter. Picture: Anita McInnes

PEARCE businesses, farmers, manufacturers and service providers will benefit from Australia’s biggest trade deal in 20 years, according to Pearce MHR Christian Porter.

Mr Porter said the Trans-Pacific Partnership Agreement would deliver enormous benefits.

“The Trans-Pacific Partnership  will establish a more seamless trade and investment environment across 12 countries, which represent around 40 per cent of global GDP,” he said.

“In 2014, one third of Australia’s total goods and services exports – worth $109 billion  – went to TPP countries.

“The TPP will enhance our competiveness and promote growth, job creation and higher living standards.

“The TTP will break down barriers to Australian goods exports, services and investment and eliminate 98 per cent of all tariffs across everything from beef, dairy, wine, sugar, rice, horticulture and seafood through to manufactured goods resources and energy,” he said.