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The Australian and New Zealand Chamber of Commerce in Japan (ANZCCJ) welcomes Japan-Australia Economic Partnership Agreement (JAEPA)

17 Dec 2014 11:21 AM | Anonymous member (Administrator)


For Immediate Release

The Australian and New Zealand Chamber of Commerce in Japan (ANZCCJ)
welcomes Japan-Australia Economic Partnership Agreement (JAEPA)

16 December 2014

The landmark Japan-Australia Economic Par
tnership Agreement (JAEPA) will enter into force on 15 January 2015, paving the way for Australian exporters to benefit from two rounds of tariff cuts in the first half of next year.


Minister for Trade and Investment Andrew Robb said Australia and Japan will ‘exchange notes’ in Canberra today, to confirm that both countries have completed their domestic processes, and are ready to bring JAEPA into force.

“JAEPA will deliver substantial benefits for the Australian economy, and the deal means that our exporters will benefit from an immediate round of tariff cuts by Japan on January 15, followed by a further round of cuts on the 1st of April 2015,” Mr Robb said.


“Like the back-to-back tariff cuts provided by the Korea-Australia Free Trade Agreement, this will deliver immediate benefits for exporters and significantly enhance their competitive position in the Japanese market,” he said.


Mr Robb said more than 97 per cent of Australia’s goods exports to Japan will receive preferential access, or enter duty-free, once the Agreement is fully implemented.


“JAEPA will expand opportunities with our second largest trading partner across a wide range of industries, including agriculture and processed foods, resources, manufacturing and services,” Mr Robb said.


Australian beef for example – with exports to Japan last year worth $1.4 billion – will be a major beneficiary with the 38.5 per cent tariff to be halved over 15 years, with heavy front-end loading, including an eight per cent cut in the first year. This should help Australian exporters engage competitively in the Japanese market.


“This is the most ambitious Free Trade Agreement Japan has concluded with anyone, let alone a major agricultural economy. The Agreement will also support growth in investment from Japan – already our third largest investor – by raising the foreign investment screening threshold for private Japanese investment into Australia,” Mr Robb said.


Melanie Brock, Chair of the ANZCCJ, said, “The Japan Australia EPA will enhance an already strong trade relations between Australia and Japan. ANZCCJ will continue to raise awareness of the agreement and its benefits to the business community. The JAEPA will come into effect on 15 January, the day of the Chamber’s New Year event, and we look forward to celebrating this wonderful development in Australia-Japan relations.”


JAEPA was signed in Canberra on 8 July 2014 during Prime Minister Abe’s visit to Australia. Further detailed information can be found at: http://www.dfat.gov.au/fta/jaepa/





About the ANZCCJ


The Australian and New Zealand Chamber of Commerce in Japan (ANZCCJ) was established in 1972 to promote the development of commerce between Australia and Japan, and New Zealand and Japan. It is a non-profit organization with approximately 600 members. ANZCCJ’s mission is to play a constructive and meaningful role in developing Australia/New Zealand-Japan business by providing members with an effective source of information, representation and commercial connections.



Media Contact Name: Misako Kitaoka

Phone: 03-6234-9351

Email: info@anzccj.jp







































事務局長 北岡美佐子(電話:03-6234-9351/メール:info@anzccj.jp


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