JAEPAJapan-Australia Economic Partnership Agreement
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Australian farmers are big winners from tariff cuts delivered under the ground-breaking Japan-Australia Economic Partnership Agreement (JAEPA).
The JAEPA follows other two major trade agreements entered into by Prime Minister Abbott - Korea and the recently concluded China-Australia Free Trade Agreement or ChAFTA.
The Australian economy will benefit substantially with the JAEPA. As proof of that, Australian exporters will benefit from an immediate round of tariff cuts to be enforced by Japan on Jan 15.