BCA LAUNCHES CAMPAIGN SUPPORTING CHINA FREE TRADE AGREEMENT

BCA LAUNCHES CAMPAIGN SUPPORTING CHINA FREE TRADE AGREEMENT

THE Business Council of Australia has launched a communications and advertising campaign in support of the China-Australia Free Trade Agreement (ChAFTA).

BCA chief executive Jennifer Westacott says it's the most important bilateral trade deal Australia has ever done.

"The Business Council has taken the extraordinary step of supporting its ongoing advocacy for ChAFTA with a substantial advertising campaign across print, television and online channels because of the risk that misinformation could derail this vital deal with our biggest trading partner," Westacott says.

"Our campaign over coming weeks will reinforce that more trade with China, our biggest trading partner, will unlock more opportunity for thousands of Australian exporters, create more jobs for Australians in local businesses that will grow even more as a result, and more jobs as a result of increased investment into Australia.

"Our beef, dairy and sheep products will have their access to lucrative Chinese middle-class markets unlocked, tariffs will be removed on our coal exports, and new opportunities will be created for our services industries, which already account for about 80 per cent of our economy.

"Australian exports to China are already worth $100 billion a year, and this agreement will deliver hundreds of billions more in lower tariffs on a range of goods including coal and agricultural products, and open up markets for our vital services sector. These are not just numbers they are jobs.

"The safeguards are in place to ensure Australians reap the benefits of this transformative trade agreement, so let's back, not block, the hopes of thousands of Australian exporters and thousands of Australian workers who stand to win from this deal.

"Let's support the free trade agreement with China and help secure economic growth for this and the next generation of Australians."

 

Get our daily business news

Sign up to our free email news updates.

 
Finexia’s Childcare Income Fund secures ‘very strong’ rating from Foresight Analytics & Ratings
Partner Content
Private credit specialist Finexia Financial Group (ASX: FNX) has secured a “very...
Finexia
Advertisement

Related Stories

AI is making smart devices easier to hack. Here’s how to stay safe

AI is making smart devices easier to hack. Here’s how to stay safe

From asking our smart speakers for the weather to receiving persona...

Banducci couldn’t give senators Woolworths’ return on equity. What does the figure say about profit?

Banducci couldn’t give senators Woolworths’ return on equity. What does the figure say about profit?

During yesterday’s senate inquiry into supermarket pricing, G...

China has removed tariffs on Aussie wine, but re-establishing ourselves in the market won't be easy

China has removed tariffs on Aussie wine, but re-establishing ourselves in the market won't be easy

China’s Ministry of Commerce has finally ended its tariffs on...

Loyalty programs may limit competition, and they could be pushing prices up for everyone

Loyalty programs may limit competition, and they could be pushing prices up for everyone

Loyalty programs enable firms to offer significantly lower prices t...