Proposed Trans-Pacific Partnership Agreement—2014 Submission to DFAT

Submission Overview

As a strong advocate for free trade, the ECA supports the TPP negotiations, with the hope that they produce a high quality, comprehensive agreement. There are currently 12 parties negotiating the Agreement, including Japan, the United States, Singapore, New Zealand and Malaysia, which are five of Australia’s top ten trading partners according to ABS statistics. AIBS 2014 results reinforce the importance of these markets to Australian companies with respondents nominating the United States as the top current export market, while New Zealand came in third, Japan fifth, Singapore sixth and Malaysia eighth.

The ECA appreciates from the research done by DFAT that potential gains to Australian exporters and importers, (including SMEs) from a comprehensive TPP Agreement are significant. The current parties to the TPP negotiations cover 11.2 per cent of the world’s population and approximately 70 per cent of Australia's trade flows through the Asia-Pacific region. This, coupled with the fact that Australia does not have existing trade agreements with a number of the current TPP negotiating parties, highlights the opportunity for market access gains to be made.

Proposed Trans-Pacific Partnership Agreement—2014 Submission to DFAT

Download Submission Contact Us

Join Us

Become A Member

Yoshinori Sakuno,
Group Managing Director, doq®
Member of the ECA

"Our mission is to connect Australia and Japan – by using our local knowledge to service clients in the Asia Pacific region that we can grow with. This allows us to develop cross-cultural marketing solutions that are mutually beneficial, both for our Australian and international partners. Being a part of the ECA has been an important asset to our growth; setting a high bar to reach for, providing a valuable network, introducing us to new leads and informing us of changing trends. We look forward to continuing to be the specialists in anything Japan-related and are proud to be associated with the ECA."

Become a Member

Featured Member

2M Language Services is Australia's leading language service provider and assist exporters in their international operations with translation, video localisation (subtitling & voice-overs) & interpreting into 250+ languages. 2M's approach to language services combines a team of subject matter expert linguists with the use of state-of-the-art language technology to ensure quality, smart workflows and cost-effectiveness. With services tailored to specific industries and a highly secure encrypted translation environment, you can rest assured that your company's content is in good hands. For more information visit https://www.2m.com.au