Trade minister Andrew Robb speaking during a press conference in Canberra, Monday, Feb 17, 2014. Mr Robb commented on the Korea Australia free trade agreement.
Trade minister Andrew Robb speaking during a press conference in Canberra, Monday, Feb 17, 2014. Mr Robb commented on the Korea Australia free trade agreement. AAP Image - Alan Porritt

Govt releases details of new free trade deal with Korea

THE Federal Government will today release the full details of its free trade agreement with South Korea.

The deal, struck in December last year, is yet to be ratified by either country.

The agriculture sector celebrated the agreement, which will see significant tariff reductions on important commodities in one of Australia's biggest export markets.

The Australian beef industry is the big winner; it is already at a tariff disadvantage with its largest competitor in Korea, the USA, which already has a free trade agreement in place.

The tariff gap between Australia and the US will continue to widen each year unless Australia ratifies its own agreement.

Read more at ABC news online.


Osteopath jailed for raping client on treatment table

Premium Content Osteopath jailed for raping client on treatment table

An osteopath who raped his long-term client plans a big move

Where will the Super Netball season be held in 2021?

Premium Content Where will the Super Netball season be held in 2021?

Sunshine Coast Lightning squad get back into training ahead of the 2021 Super...