Australia-Japan Trade Talks Push for April Finish
Ministerial-level meetings this week to advance
negotiations for a Canberra-Tokyo trade pact continued to struggle over
automobile and agriculture tariffs, despite hopes that the two sides would be
able to announce significant progress ahead of Australian Prime Minister Tony
Abbott’s visit to Japan next month.
Negotiators are trying to finish the seven-year talks during
Abbott’s high-profile Asia trip, in time for the two sides to sign a deal
during Japanese Prime Minister Shinzo Abe’s own visit
to Canberra in July.
The push to close the deal quickly is part of a broader
effort that Australia is making to strengthen ties with its Asian partners,
with the Australian Prime Minister confirming last October that he hoped to
conclude the ongoing trade talks with Japan, China,
and South Korea within the subsequent 12 months.
Some of the main issues that have arisen in the
Australia-Japan talks were also seen in Canberra’s negotiations with Seoul,
which were completed this past December. Like South Korea, Japan is asking for
Australia’s automobile import tariffs to be slashed from their current levels
of five percent in return for improved market access
to Japan’s agricultural sector.
The agriculture component of the Japan deal has proven
particularly controversial, with the Australian National Farmers Federation
(NFF) concerned over possible “carve-outs” that would protect the Japanese “big
five” agricultural commodities - namely rice, sugar, beef, dairy, and grain.
The farm group says it was disappointed that rice was an exception to the Seoul
deal and is reportedly pressuring Canberra not to make similar concessions to
Tokyo.
Japanese tariffs on imported beef - Australia’s largest
export to the Asian island economy - are another major sticking point. While
these tariffs currently stand at 38.5 percent, Australia
is reportedly asking that this be reduced to under 19 percent, while Tokyo has suggested 30.
Japan’s reluctance to liberalise its agricultural sector has
proven similarly contentious in the 12-country Trans-Pacific Partnership talks,
of which Australia is also a part. The US has been one of the most vocal
advocates for greater agricultural market access in these areas, and many trade
observers say this issue is the biggest hurdle for concluding the negotiations.